It was actually this past Tuesday. They have verbally committed, and now we just need the ummm... I guess the most polite term is "lawyers"... to do the paperwork for the transfer. But I agree about not expecting anything until the money's in the bank. We've been shown "interest" by so many VCs over the past year that I had pretty much guessed it was a lost cause. Everyone kept saying, "well, once the economy straightens out..." and such. This is the first time we've actually gotten to the point where we have finished due dilligence and received a verbal, and I have actually begun to think it might be happening now. After the money is in the bank, we have to move our team over from Reno to the UK and start hiring, setting up the office, etc. We are on the craziest of schedules, and we will probably be going all directions at once just to get things up. Its not pretty.
Oh, and three months into tings we will be moving again to get a development grant from the government of Wales. Our whole crew will have to be transported...
Huh? What? Oh, the voices are saying they like martian too...