OK Folks…
I’m catching hell here for that last post. Guess I need to clarify a little. Looking back I reckon I painted things a little more “gloomy” than I suppose they really are – as it is now anyway. In fact, the conditions I described that we had been working under were more a matter of the past than the actual present or recent past. I figure I must be a victim of Post Traumatic Stress Syndrome or something. When I look back I tend to remember the bad as though it were just yesterday. Now, up until late last spring they were as I described…and had been for a long time before that. In fact, I suppose it had been that way for so long that’s why I’m still dwelling on it. When you keep getting your ass kicked for months on end, you tend to look over your shoulder a lot and for a long time after the bullies have gone away.
There’s a few of you guys out there that know me pretty well and remember as recent as last RMAF that I had a bit of a “chip” on my shoulder about all the struggles we’d been through. Well, there I was in the midst of some really good things happening for us at
Reefrus’ place and instead of being upbeat, I was cursing life. This is why I was advising the DIY crowd about not starting their own business – at least not if they are forced to do so such that they have to derive their personal living from it. Until you go through just how tough it can get (when you’re under funded), there’s really no way you can imagine the stress you’ll be facing. Had I known what I was in for ahead of time back in late 2004, I would have told a certain “someone” to stick their money “where the moon doesn’t shine” and ran the other way. Good thing I was ignorant, huh?
Anyway… the facts are (and what I should be focusing on) that in all actuality, 2007 turned out to be the best year yet for SP Tech and not nearly as bad as the previous years. Sure, we still had struggles aplenty…and still do…but nothing like before. Looking back I have to say that since late last spring things have been really taking off. Then when we introduced the Minis they down right exploded. Then... off the cuff I made mention of the Revelation Grand Masters and who would have guessed it, but (and I won't tell you how many) folks (plural) started signing up for them! THEN we're being commissioned by a big business entity to design an exclusive product for their (huge) market as well!! THEN... NuForce is about to launch our jointly designed "S-1" loudspeaker that will be sold in big retail outlets!!! THEN... new distributors and dealers have been making contact and signing up for their first samples too!!!! So whaddaya think their response is going to be when they hear them?
Yeah, life really sucks right now.
Do you suppose that it would hurt me to try and develop a little better spirit of "thankfullness" sometime soon? Geesh, some people just can't abide prosperity.
Now all of a sudden do we have all of the resources we need on a daily basis? No… but you never do no matter how well things are going. But in my case I’ve been so “shell shocked” that every time one damn little thing isn’t right, it sets me off. I guess Bob could really use a vacation – and some really good drugs. Yeah… I think that would help. aa
So… I didn’t mean to scare anybody off with the financial hardship report. Now that I think about it I guess I was doing more reminiscing than reporting the current state of the union. And… as far as the losses go, I neglected to share the fact that our accounting is set up on the “accrual” method. I won’t go into what that all means, as I don’t completely get it myself. All I know is that were it not for that our accountant said we would have showed a profit this year and would have had to actually pay taxes for once. I won’t tell you how much, but I will say that I’m darned glad that we have the best accounting firm in La Porte County!
-Bob
