My partners and I have agreed to a stock issuance to allow an additional partner to join the company that will dilute me personally to about 17-18%.The banks loan covenants state that any person with a greater than 20% ownership interest in the company will have to sign a personal guarantee, which as a 33% owner, I did.

The ideal candidates is usually the person that is older, risk averse and doesn't want to be an active investor (ie they would rather invest in mutual funds than stocks).Originally posted by @Michael Leffelholz:Patrick, Just a thought- What about a targeted mailing to financial advisors in your area.?

I need to have a good plan to show the wife I am dead serious about this.I am outside of Detroit.

The person is dead, they are not going to be using the house.

Dead-level simple.

One of the additional benefits of the C Corporation is that it can purchase company stock.

They can't get it at the mutual fund or stock market.

OK, scratch that idea.In order to get the cash funds to do it, I have to sell some stocks. 

Is the living room dead space?

Sorry for rambling but my baby boy would be dead if I thought like some of you do.