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I have been told by others in the industry that companies like ours will sell for 15-16 months gross revenue. This adds up to about 5.5 million dollars, once debt is deducted, it sits at 4.75 million. My percentage of ownership is 4 percent. 4 percent of 4.75 million gives an approximate value of $190,000. A discount for lack of marketability would not be allowed by case law because I am selling the shares to the other members, not an outside party (which would be it's own negotiation, anyway.)

There was one industry insider that told me that they would purchase a company like ours using EBIDA. This would still give the company a market value of 4.5 million, which is close to the other method. They may be interested in purchasing my shares, but they would rather buy the whole damn company.

I am in a financially desperate position. I have almost given up, this I feel, is my only shot.

Can you simply get a different job?

In school, we were told by a local VC that valuations were best done as an average of 5 methods.

I would look into a local law school to see if someone there could help in some way for less.

Even one hour of time with a good business attorney would be wise. Perhaps someone is available online who could help.

Wow! It sounds like you're in a desperate situation, but don't give up! Hang in there! You could try the whole "double life" technique that I use. That is, you could arrange your personal affairs so that you can live in a small apartment on a near minimum wage salary, and once your personal needs are thus contained, the time limit on the sale will be alleviated, and you can attend to it at your leisure (assuming the investment can just run along without your participation).

You know, I learned from the "Learn to Negotiate" type books, there are three forms of power in all negotiations:

#1. The power to complete the deal - you don't have that single handedly here
#2. Information - sounds like you're very sharp and can acquire as much of this asset as you need to.
#3. Time - The most precious of all commodities, and maybe your biggest problem, but you could "stock up" on "time" by trying to live in such a way that completing this deal can become your "second job".

I assume you have a life style you're used to, and maybe can't "downgrade" so as to take the money pressure off. Or maybe you can, just sell everything now, bank as much as possible, move to a lower, but comfortable and sustainable lifestyle, and deal with this sale until it's done.

Then start that new life you deserve! Some people might be too proud to accept a lowered lifestyle as a strategic step in acquiring a higher goal, but if you're not too proud, and if you can swing it, it could give you the maneuverability to complete this deal and move on.

Hope that helps! And best of luck!