The funding shortfall has been temporarily alleviated by one of the sponsors bringing forward Q3 and Q4 funds to Q2 (in simple terms). This will allow greater exposure to other potential sponsors
Hmm
I think we've heard something like this before.
I take it that 'one of the sponsors' is putting the same amount of cash in as agreed, just earlier in the hopes that other sponsors turn up.
Actually, it sounds just like the business that asked us for an advance on our agreed payments as it would fold unless we and others did so. Unfortunately it folded anyway because it hadn't paid other creditors we hadn't known about and they put them into bankruptcy.
I have nothing but admiration for the hard-working engineers and support team of volunteers. There was a phrase used in WWI to describe people like them 'Lions led by donkeys', so I hope that something will turn up, if only for them and XH558