Published: Nov 20, 2012 11:38 PM EST

LEE COUNTY, Fla.-The Lee County attorney met with a lawyer for VR Labs on Tuesday.

The company now has until Friday, November 23, to provide evidence of how many employees it has, prove what kind of capital investments its made, and give a better timeline on when it will be operational. If VR Labs does not meet the deadline, it could have to repay the $5 million it received in taxpayer funds.