Building an internet company is a risky and challenging proposition. Hopefully our experiences can help make things easier for the Chicago based internet companies that will follow. While we Midwesterners hate failure, we are proud of what we have built and are glad to have played a small part in the Internet industry here in Chicago. We appreciate your recognition of Hey Company as one of the i-Street 75. Sadly, we are going to wind down our operations this month just as we are gathering steam.
Sales are up.
Press is quite positive. Vendors are complimentary. Employees are talented and loyal. The problem is that we are not operationally self-sufficient yet and the doors to the capital markets are closed, locked and the lights are off. With no foreseeable opening in the capital markets, we couldn't, in good conscious, close the interim round.