Question
The Ammar Computer Inc. was founded 15 years ago by Ammar Tahleel a computer programmer. The small initial investment to start the company was made
The Ammar Computer Inc. was founded 15 years ago by Ammar Tahleel a computer programmer. The small initial investment to start the company was made by Ammar Computer Inc. and his friends. Over the years, this same group has supplied the limited additional investment needed by the company in the form of both equity and short and long-term debt. Recently the company has developed an Electronic Device (ED). The ED uses sophisticated artificial intelligence algorithms that allow the user to speak naturally and have the computer input the text, correct spelling and grammatical errors, and format the document according to preset user guidelines. The ED even suggests alternative phrasing and sentence structure, and it provides detailed stylistic diagnostics. Based on a proprietary, very advanced software/hardware hybrid technology, the system is a full generation beyond what is currently on the market. In order to introduce the ED, the company requires significant external investment.
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