posted on
May 01, 2007 10:21AM
The way I recall hearing it was: from the younger Lacrone who used a figure of $250,000.00. I recall him saying that kind of a number would get us noticed fast and in a big way. It was hypothetical, but I did wonder at the time where he came up with that number. The subconscious mind bubbles to the surface once in a while. At the least I would say that it is a number he is thinking about. It could be wishful thinking or a goal or a number thrown out there somewhere. One of the more encouraging things about the meeting from my point of view was the way the early settlements have been accomplished over the different catagories. For me it cleared up the idea that too many companies have been getting a first tier deal. Also, and perhaps tied to the $250,000.00 comment, the PR guy gave a reasonable explaination about how they have been laying the ground work for the news when it hits. He explained that with the ground work laid out he won't have to explain all the details about the company or its history when the story is needing to get out there right away. I have had my share of working with the media to understand that concept, though I thought I it also could just be a way of making money until there is a story. If the story is big enough no ground work really has to be laid out before hand IMO. Of course it helps to have a working relationship with the press because they can be your supporter or enemy. GLTAL!!! I hardly had time to go to the meeting, let alone post about it. But it was great to be there and meet people from this board, other shareholders, and watch the board of directors. ( Gloria's expressions about certain issues was encouraging, Jim ( I think he fell asleep ) ) I feel good about our prospects even though I understand that there are no sure things.