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There's got to be a lot more to this story.

Factorli sounds like a viable business, but not really something that would attract venture capital money.

What happened to the millions of dollars in tools and equipment?

We are buying != we bought. I've been quoted 30% deposit and 70% due after a 6 month manufacturing lead time for heavy equipment (>250k). I'm not sure what they were buying but a lot of machines I've dealt with are made to order for application considerations. Most likely she had not purchased anything yet. If she had, deposits were probably lost.

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