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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: posthumousone who wrote (126731)10/1/2001 8:47:41 PM
From: posthumousone  Read Replies (2) of 436258
 
it just seems evil when a company like "ValueStar" blames their problems on the terrorists... regardless, they're really, really f**ed.
When: 10/1/2001
Company: Valuestar

-----Original Message-----
From: Jim Stein
To: All

Stars:

Unfortunately the September 11th tragedy has delayed our anticipated funding. We are going to be late on providing you your payroll check, but hopefully by only a few days. We also must furlough, with no pay, all but two of our employees. This furlough will last six business days and is
effective Friday, September 28 through Friday, October 5.

I know that this impacts you and I want to personally apologize for this notice. I've been working very hard to raise this capital and I'm deeply disappointed that I wasn't able to close this funding round in time. We
have a great team and I have appreciated the strong messages of support I've received.

My goal is to immediately raise the capital required to fund the next two payrolls, which will give us time to close on the $4mm+ that is pending and committed. Although the tragedy delayed our funding I still see strong enthusiasm for what we are doing in the investment community.

Even though we have hit this bump in the road, I know we are all determined to make ValueStar a success. I will send you a group voice mail on Monday,Wednesday and Friday of next week to update you on our progress.

Thank you for your continued support.

Jim Stein

Jim Stein
Founder & CEO
ValueStar Corporation
510-808-1310
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