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8.0. EDSR 10-14-1997
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8.0. EDSR 10-14-1997
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City Government
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EDSR
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10/14/1997
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4 PROTECTOR care, inc. <br /> A FRONTIER ENHANCED <br /> • <br /> September 5, 1997 <br /> Paul Steinman <br /> City of Elk River <br /> 13065 Orono Parkway <br /> Elk River, MN 55330 <br /> Dear Paul: <br /> We appreciated the opportunity to meet you at Edinburg Country Club last week. The <br /> forum organized by the Public Resource Group seems a very viable way to bring <br /> communities, investors and manufacturers together to mutually benefit each other. <br /> Here is additional information on our CareStair system as a reminder of our interest in <br /> • hearing from you. <br /> In addition to the $500,000 we seek from a community like yours, we are very close to <br /> signing contracts with two other groups to raise the additional funds totaling $1.5 million <br /> for approximately 30% of Protector care. Of course we will consider a debt position <br /> also. <br /> We look forward to hearing from you. <br /> Sincerely, <br /> Paul C. Probst <br /> CEO <br /> • <br /> 2630 Holly Lane •Plymouth, MN 55447 •Tel. 612.473-5663 •Fax 612.473-5518 • 1-800-583-0473 <br />
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