(EMAILWIRE.COM, August 17, 2015 ) Wilmington, Delaware -- Though the company has reported higher than usual profits in recent months but there are a number of projects that need an urgent injection of cash, like the Solar gadgets new range of products. It is for this reason that the company has decided to rely on a chosen pool of investors that have been in talks with the company for a while. The investors were initially handpicked by the company based on experience in the tech industry. This is the type of
Stunning Gadgets has said that current projects require over $10 million in funding which has been provided by the investors for the new range of Solar phone charger products. Many of the investors according to the company are already a part of the tech industry and so nobody understands the need for urgent funding of lucrative projects more than the investors. That said Stunning Gadgets has not gone into detail as to what projects will benefit most from the funding. According to insiders at the company the vast majority of funds will be diverted to project "Green Wood" which is the code name of a project that the company is allegedly working on and will be revealed in 2016.
"There are a number of projects which are in the pipeline, but we cannot discuss them in detail. The details of our projects will be revealed when they are scheduled for public unveiling. However, it is true that we've managed to secure $10 million funding from our chosen group of investors. The funding will go towards a couple of highly lucrative projects that are in their final phases. The investors know of the projects and they also know that these projects certainly have potential." said the finance manager for Stunning Gadgets "We have no immediate need for funds, but we've asked our investors to stay on standby in case we have other projects that require funding."
News of the investment was made public via Stunning Gadgets blog and the company has also said that further details will also be revealed via the blog. A formal press release will only be put out once a product is launched or about to be launched. This seems to be a new policy set forth by a company that has traditionally put out press releases to inform every one of the latest developments.
About Stunning Gadgets
Stunning Gadgets is a company that sources various products from all over the world. Its objective is to provide niche consumers with the best products manufactured in the top facilities worldwide using the finest materials available.
Stunning Gadgets combines the highest quality materials with innovation and a great warranty ensuring that people get the highest return on their investment. This approach has made Stunning Gadgets one of the leaders in the Best gadgets industry.
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.