BRS Big Fund Raising: $27 Million + More To Come

Author: Carlton Purvis, Published on Apr 28, 2013

Last year we obtained an email BRS Labs sent to investors asking for one last drive. The company said if investors increased their positions by two or three percent, it would be able to stop raising money and “not go on the road.” But since then, IPVM has discovered government filings showing that BRS Labs has raised another $25 million this year. In this note, we examine the breakdown of the funding and what this means for the company.

UPDATE: BRS Labs disclosed another $2.2 million in funding plus plans for even more. Read the full update.  

Smaller ***********

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Why ** **** **** *** *****?

***** ***** ******** ** **** ****'*********'* *****, ******** **** **** **** ****** *-*% ****, **** **** regular ****** ** ******* ******* *********, *** ** **** **** this ***** *******? ******'* *** **** ********** ** ****** *** with **** ********* *** ***** ********** ****** ********* **** *** government ****** **** ******** ********** **** **** ******* **** *******?

Total **** *******

***** *** **** ******$** ********* **** ***$**.* ********* ****, **** ** ** *** ***** ******* ***** ****.

******: ***** *** **** *********** ********* ** *** - ~$** Million

***** *** **** **** ****** / ********** ***** ***** ******** into *** ****. ** ***** ~$** ******* ** ********* ** the ** **********. *** **** ***** ** ***** *** **** * ****** ** ***** ******:

** ******* - ** ***** **** **** ** ******** *****, there ***** ** ***** *********** **** ***** *** **** ******** SEC **********, ***.

BRS **** ********

*** **** *** ******** **** *** **** ****** ******** *** more *********** ** ********, ***********, *** **** ***********, ******* ** still **** ** ** ******* *** ********, ********* * **** **** *** ******* ********** ****** *** “**** of ********* ** *******.” *** **** ******* ****** ********** *** critical ************** ************* *** ** **** *** ***** ** ***** money ** ************/*********** ******** *********, *** ** **** ** ***** one ***** ******** ******* **** *** **** ********* ** *** York *** *** ****** *** *********, ** *** ************* ***.

******:

*** **** ******************, ******** ** ******* $*.* ******* **** ********* ** *** month ** ***, ********* ** ****** *** *******.*** ******, ***** *** **, ***** *** **** ***** *** ******* ********* ******* ***** of ******* ********* **** ** "********** *********."

*** ******* **** **** *********** ** * *** ******* **** scheduled *** ******* ** ****, ********* *** *** *** ***** *******. **** *** **** **** "****** *** *********** ** *** company's ********** *********** ********** ** ******* ******* ** ***** ************," says *** *******. *** **** *** *** ********* ** ***** ** emails ********** **** *********** ***** **** *********. 

Comments (22)

"* **** **** *** *** **** ******** ***** ******* ** a *** *****"

** *. *. ****** ***** ***, "*****'* * ****** **** every ******!"

** **** ***** **** ****** ** ******** *** ********. *********** that **** ******* **** * ***$, **** **** ** **** 33 *** ******** + *********** **** ***** ****....

****, ********* ** * ******* ****** $** ******* **** *** course ** * - ** *****, ********* ***** ****** **** company ** ** ***** ****** ******* ** *, * ***** or **** ******* (*.*., $*** ******* ** ****** ******* ** greater). **** ***** **** **,*** ** ***,*** ******** **** **** and *******.

**** ** ** *********** **** ***** *** *** *-******!

** ** * ****** **** ** *******, *** ********** ** the *** ****, *** ****** *****. **** ** *** **** Value ********* *** ******* ********* ***** ** **** ***** ***** could **, ****** **** **** ***** ****** ***** **.

** ** * ****** ** ******* ******* ******* *****. *** would **** ** *** *** ******* ******** & *******. *** Sacramento **. ***** *** * **** *******. ***** ****, **********, worth *** *** *******, *** *** **** *********** *******. ****** Did *** ******** , ***** * ******* ******* ** *** to **** ****, **** *** ********** **** **. ***** ***** increases ** *** ******* ** * * ***** ****** ** the ****** *** *** ******* ********* **.

** *** **, ****, **** ******** **** ********** ** *** Labs *** ******* ** *** ************ ** $** *******. *** additional $** ******* ***** * ***** ** $** *******. **** BRS **** **** ***** ** ** ******** * ******* **** $150-$200 ******* ** ****** *******! *** ***** ********* ****** ****** for ********* ********* ********* *******, ***** ** *** ************, ** only ***** $*** *******. *** ******* ** *** **** *****.

*** *** ***** **** *** **** *** ********** ** *** same *** ******* *** ******* ** ******* *** ******** ** you ** *** ***. *** ***** *** **********. ***** ** one *****. ********* ***** ** ******* ** ********* *****. **** will ** ** ***** ** *** *,*,* ***** ** *** marketplace

* ***** ** ***** ** ************ ** ********** *** *** you ******** **** *****, **** ******* *** ****** ************* ********* it ***********.

"*** ***** ********* ****** ****** *** ********* ********* ********* *******, based ** *** ************, ** **** ***** $*** *******."

** ********, *** ****'* *********** ** **** ***** ********** ******* far **** ********* **** ********* ********* *********. ********** *********** *** be **** ** **** ** ***** ***** ***** ** ** clear ******* / ********* *** *** ****** **** ** ** alerted ** '********' *********. **********, *** *** ******** ** *** well **** *****.

* ** ********* ******** *** '******** ***** *******. *** *** raised **** *** ******* ** **** (***** ***** ********* ****) and *** *** ** ******* ** ** **** **** **** informed ** **** ****** ** *****. *** *** **** ********* can ** ** **** **** ******* ******* *** *************** ********* are ****** ********** ** **** ****. ***** ** *** *** in *** ** ****?

"***** ****** ** * ******* *** ***'* **********." -- ****** Buffett.

* ***** * **** * ****** ******** ************* ** *** analytics ****, *** ******** *** ******** ******** **** ***** *************. I **** **** ****** **** *** ****, ***** ********, *** have ****** ** **** ** ****** ** ***** *****.

* ** *** ********** *** ****.

* **** ******* *** ******** **** **** * ************* ** all *** *** **** * ******* * ***** **** *** BRS ****. ***** * ********** *** $** *******.

***, ***** ********** ** *** **** ****** ********** *** ******** *********** * ******** *******.

****, ******* ** ***** **********, * ***** *** **** ** a **** ********** *******, *** ** ***********, *** ** ******* capital, **** ** * ***** ***.

****** ** * ***** ******** ** ** **** ********* *** he ***** ***** ******* ** *********** .

*** *** **** *** ****, ** ** **** *** ***. If *** ***** **** * ****** , *** *** ***** see ** ****** **** **********

*** ******* ** *** *** ****, **** ********. *** ******* person ****** ** *** ***** ***** ** ******* *** *** logical ******. ********** *** **** ******** *** ***** ** *********** and *******

* **** *** **** ********* **** ** **** ** *** nothing, ** ***** * **** ******* ** * *** *** make ** **** *** **** ***. * ****** **** ** technician *** **** **** ** *** **** ** *********** *** lived ** ** ********* **** ** *** ******* ** *** name. **** ****** * ****** ** ***** ********* ( ******** )

***** '**********' ** ******* ******* **** *** **** * '**** successful *******.' ******, ******* *** **** ******* *** **** * perverse ****** (*** ******** ** * ****** *******), ***** *** company's ******* *** ***** *** ****** ******** / ******** ** investors.

* *****, *** ******* **** **** ********** **** * **** way. **** * *** ** **** ** **** ********'* & set ** ******* ***** & *********'*. ******** **** *** *********, bad **********, *** *** **** ****** *********** ** ****** *****.

** ******* ****: * **** *** ******* ** *********** ***** millions *** *** ** ** **** ** *** * *** investment. *** **** **** ** *********. ******** ** **** * lite **** ** **** **** ******** ****** *** *** ***** process *** *********. **** ********* * **** ****** **** **** the ***** **** **** ** *** **** *****, **** ** takes * *** ** ******** ** ******* ********** *******.

"*** ***** **** ** *********: ***** **** *****" -- ****** Buffett.

********* **. ******* *** **** ***** ** **** ** *** investments, **'* *** ***** ******** *******. **** ** **** ** is ***** "**** ****, **** ******", ***-**-***-*** ***********, *** ****** with ********* **** **** * **** ********** ** ********** ***** to **** ********* *** *********. **** ***** *** ********* ** a *** **** ****** **** **** - *** **'* **** to ***** **** *** *******.... *** * *******.

**** ********** **** * **** *** ******* * ***** **** realizing *** *********. *** *** **** *** ** **** * good/viable ****. *** *** ***** ***** ****-******** ** ******** ******** straight ************ ******. ***** **** ******** *** ********* **** **** ********* ** liberating ********* **** ***** ****, **** *** ****** ** *****-*******.

* ******, ** ******** **** ** **** *** *********** ** loosing. ******* **** ********** ** *** ******.

**** *** *** ** *** ***** ** ********* ** ** Buffet ** *** *** **** * **** ****** ** *********, market *********, ***** *** ***** *********** ** **** **** ***** on ******.

****** ***'* **** ******, *** **** ***'* **** ***** ******* to *** ****. **** **** *** **** *** ******* **** in *******. **** ********, ******, *******, **** ***** ** ******* in **** *****.

*** ** ************ *** ** *******, **********, *** ********** ** a ******** ** **** *** ******* **** ** *** ***********. Global *********** ** *** ***********.

*****, *** ***** **** ** **** ** *** ****** ********* in *** **** *** *** ** '*** ***** ** ********* as ** ******' ** **** * *** **** ** ** banker. * *** *** ***** ***********, *******, ***** *************, *** have **** ********** ** ***** ******* *** **** **** ******** money. *** **** ** **** *** ******* ** ***** ******** analysis ** *** ***** ******** ** **** * ******* **********?

* ***** ****; *** **** **** *** ******* **** ** investing. * **** * *** ** ***** ****.

*** ***** ** ** *** **, **** *** **** ***** Market ****, **** *** *** ******* *** **** ****** ** loss ***** ** ********. *****, *******

**** **** ******* ** ********, *** **** ** *** *** same. ******** ** * ********* *****. *** **** *** ****** to *** ********** **** ** ******, ** **** **** ** his ****** *** *** ******** ***** *** *********** ** *********.

* **** * ******** ***** *** *** ***** ***** ****** 1/2 ******* * ******* ** **** ***** ** ****, ****, play **** *** **** ** **** ** *** ** *** game. **** * ********* *********. ******* *** ** ****** ** him ** ** *** **** ******* *********. ** *** **** millions & ****** **** ********. *** *** **** ** *** & *.

* ***** *** *** ******* ** *****. **** *** **** investors ** **** **** ****** ** *** **** *** ******* risk ** *********. ***** *** ******* *** ****** *** ***** 1/2 ******* * *******. ***** ***** ** ****** *** **** have * */* ******* ** ***** ******.

***'* ****** **** ******* ***** ****** ****** ** ** ** totally ********** ** *** **** ** ********* *** *********** ***** made **** *** ****. *** *** ******** ** *** **** points ** ***** *********** **** **** ** ********* ****** ****** the **, **** ** ***** ** *** **** *** ************** nor ********* ** '******' **** **** ** ** ******** ******* with ****** **** ** *******.

* ****** , * **** **** **.

******

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