Oliver Stone's investment in vzaar is a great endorsement for our product, business model and our team. We are proud to be associated with such a brilliant Director. Clearly, Oliver saw something special in vzaar and invested not just his money but his time with us to create our online commercial.
This investment came about through Oliver's longstanding friendship and business relationship with John Moreton, one of vzaar's major investors. John plays an active part as a shareholder and was keen to showcase vzaar's strengths to Oliver. The initial interest soon developed into a desire to buy into vzaar's success.
This alone would have been a real boost for our company. However, Oliver's offer to film a commercial for the company - without a fee - was just the ticket to spur our marketing activities and continue raising vzaar's profile in the market.
The vzaar team had a great day with Oliver, filming the commercial and then attending the premiere of 'Wall Street 2: Money Never Sleeps' ... and the after party ... fantastic experiences. The excitement of Oliver's engagement with vzaar is driving us to work even harder to create great new functionality and deliver superb customer service.
vzaar has raised considerable investment capital during the summer of 2010, from both the existing shareholder group and new investors, notably Sophrosyne Ventures LLP and Oliver Stone. This investment is of course now being directed towards development and expansion of our customer service.