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EarnestDD

09/15/10 12:13 PM

#39868 RE: flyboy9 #39867

Thats NOT what Todd said.
Read it again.
Sheesh.
jmo

Todd: I wanted 1.8M for it, market value was 3M. I had more than that in to R&D.

Flyboy:

I find it interesting that Fitz seemed to want to make up all of his R&D costs on the 1st unit

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toddfitz

09/15/10 1:04 PM

#39877 RE: flyboy9 #39867

I wanted them to pay a fair price, I was 40% under the competition and offering a superior product to boot. The "profit" has to cover many many things while also insuring the risk / reward. I lost a million, my biz, my house, wife, dogs..what was that worth? R&D was ongoing, as was tech support, warranty expense, etc.
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scalig

09/15/10 7:19 PM

#39888 RE: flyboy9 #39867

I guess he just knew he was dealing with Aziz