GoBigNetwork.com features a "member profile" for Herb Strather who reports he's looking for investors seeking to fund a Detroit-based start-up called AtMashpee.
Here's how the opportunity was described in Strather's GoBigNetwork.com profile:
According to a 10.31.05 brief written by Robert Ankeny and published in Crain's Detroit Business: AtMashpee LLC included $12 million syndicated through more than 200 investors.Here's how the opportunity was described in Strather's GoBigNetwork.com profile:
- AtMashpee’s purpose has been to assist the Mashpee Wampanoag Indian Tribe by funding its efforts to become federally recognized which was successful last year and to meet federal and state legal requirements to develop and operate a Class III Indian gaming casino in the vicinity of Middleboro, MA. AtMashpee entered into a consulting and development agreement with the Tribe to support it in the development and operation of the Casino. Casino is expected to open within next 36 months.
About 150 of AtMashpee's investors are former Atwater Entertainment Associates (AEA) "investors."
Ankeny suggests that the name "AtMashpee," is a blend of "Mashpee," as in Mashpee Wampanoag Indian tribe, and Herb Strather’s "Atwater" affiliate. AEA, organized in the mid-1990s, helped to organize Detroit Entertainment LLC which does business as Detroit's MotorCity Casino.
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