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Re: A deleted message

Tuesday, 10/15/2019 3:35:20 PM

Tuesday, October 15, 2019 3:35:20 PM

Post# of 13091
L1 - I ran a mid-size company for my last 12 years of full-time employment as part of a larger corporation. As with all positions of this nature, you're subject to scrutiny and interrogation by the private equity owners (in my case), the BoD, and Corporate finance guys weekly, monthly and quarterly. You get the sh*t beat out of you in every direction possible. Seemed that they were never happy. And, you're told constantly about what you should be doing better like reducing COGS, your OH expenses, how to improve revenues and your GP/EBITDA, yaddity yaddity. Heard it all.

During those interrogations, I remember bringing up all the good things we were doing as a company, and saying things like "we should talk about the positives and less about the negatives". And I especially recall one of the PE guys sitting next to me in a meeting where I was getting the h*ll beat out of me on the quarter's numbers and saying "you get thick skin young man".

So, while AJ may be a negative and impatient (as I can be and have been) in regard to no revenues yet, that's life. We all understand that these things can take time. As investors, we're not all of the same patience. We enjoy hearing about all the positive things the CEO and ALRT have done and are doing, but we want results. Again, that's life.


“Wo ein Wille ist, da ist auch ein Weg”

- Albert Einstein, Tokyo, 1922