Megamom, just to add a bit to your thoughtful post,
Ivan B. is a world-renowned financier, active in'
investment banking, industrial financial matters, and whose knowledge of same might well enable NVC, for example, to be put in contact with a loan source whose terms are perhaps 1/2% - !% lower than prevailing terms. No guarantee, but entirely possible. Having a person of his repute, capabiliies, and gravitas on our board, IMO. can do nothing but burnish our steadily growing reputation. We wll need as much of this as possible as we encounter the heavyweights of the telcon, teleco, etc industries as they approach us for business decisions and terms. We already have that in senior management, technical matters, legal consultation,
tech research and applications, and so we likewise need it in the broad financial fields. One weak link can impair our total corporate image and performance. IMO, our strengths need to be seamless
throughout our entire personnel structure.
Knowing that Ivan Berkowitz is on our board informs others up front that we are to be taken very seriously and diminish their (perhaps) tendency to see if they can hornswoggle this young upstart company and must, perforce, be very serious in their discussions/dealings with us. If you were the head of an internationally known corporation, sitting down to do business with a micro cap company with nary a heavyweight in sight, what would you do? Would that fact, by itself, influence the terms you are prepared to offer? What is it worth to us, having a sterling roster of high repute going into negotiations? Will Ivan earn his keep thereby? Will
such a presence materially influence our getting best price, terms, and considerations? IMHO, you betcha.
hitimer
AI
