A Bigfoot hunter is asking fellow believers to invest $3 million in his campaign to track down the mythical beast.

Tom Biscardi announced that he will sell stocks in his Bigfoot Project Investments company in order to finance his expeditions to find a Sasquatch, reports the Wall Street Journal. In addition, he will use the money to fund movies and DVDs about the creature.

According to its filings with the Securities and Exchange Commission, one of the company goals is to "Capture the creature known as Bigfoot," reports the New York Daily News.

Although he has partnered with the Jumpstart Our Business Startups Act, skeptics say an investment in this venture is risky.

"This would be the kind of thing where if you believed in Bigfoot, or you thought there really was a Bigfoot and you actually had some money to burn and wanted to play with this, then go for it," said investment expert Kathy Boyle, president of Chapin Hill Advisors, adding that only believers would probably be interested in his project.

However, Biscardi already has a few strikes against him in the Bigfoot community due to his many reports of sightings, which never materialized into anything else. In addition, he held a press conference in Palo Alto, Calif., in 2008 to talk about a Bigfoot carcass found by two men in Georgia, which later turned out to be a gorilla costume stuffed with animal parts, reports the Wall Street Journal.

In other news, Bigfoot enthusiasts will finally get a chance to see if a team of Bigfoot researchers were able to find the mysterious creature during their hunt in Southwestern Pennsylvania last summer when the episode of "Finding Bigfoot" airs.

In August, the Bigfoot hunters starring on Animal Planet's hit television series "Finding Bigfoot" went on a search for the ape-like beast in the Fayette County area, which locals claim is a hot spot for supernatural activity and Bigfoot sightings. The "Finding Bigfoot" episode that was filmed in the region is scheduled to air at 10 p.m. on Jan. 25 on the Animal Planet.

According to the website's description of the episode, which is titled "Paranormal Squatchtivity," the team went "to Pennsylvania to investigate reports of Bigfoot activity in forests that are also allegedly haunted."

On the popular program, which is now in Season 6, four researchers travel to a different location in the United States and interview people who claim to have seen Bigfoot. Then the researchers set up re-enactments of the sighting to try to prove the existence of the mysterious creature.