Sunday, March 11, 2007 11:25:57 PM
I take a different view (on some levels) regarding them being late on the CC. I was annoyed as well at the time, but if Bill was out doing things pertinent to grow the business, I'm willing to bend on being too upset. Yeah it shows a lack of communication, but as Beemer said below they are all over the place. Would it have been more excusable if he were on the line with the franchisee in VA discussing a new lease, and that was the cause of the late start?
Jim is definitely a entrepreneur, without a doubt. And a great salesman. I think all the right intentions are there. My opinion regarding their speed of execution and cash situation (if there is one) is unchanged, but when you step back and look at all the $$ raised and committments from franchisees, I'm certain that Beemer is right that they're aiming to "do the right thing."
This is one of those investments where a certain "leap of faith" is required, for better or worse. If for some reason i'm able to wrestle free for part of the CC i'll attend, otherwise i'm hoping someone will summarize it on the board the best they can.
Good luck.
All IMO
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