We continue to make progress towards our goal of opening the winery in 2009. We are now going to present our Capitalization Program to our members on Friday 23 Jan at our usual meeting place and time. The Program is designed to bring us in the funding we need to obtain commercial funding and state grant/loan to enable us to operate the winery from turn key until about May or June when we will begin selling our first wines. We have been working hard to reduce costs and think that we are about at the "bottom line" now. Pat has reviewed the list of equipment and identified some that can migrate over to the operational budget and that will help us with our start up costs. Still have to pay for it, just comes from a different line item is all. See you all Friday I hope!
Rich
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