Milk, How does this first part sound for WOTD to "have a go" at it?
There was mention above that many mom & pops are interested
in retirement. In America today the kids are going their own
way leading the independent business situations in a quandary.
I mention this imagining most mom & pop owners are nearing
a stage in their lives where giving responsibility to others
is the issue of the day
How do the owners release their hold on a mom & pop to
finally relax and appreciate the stability they have earned?
(To retire and depend on the future income from their company)
I think a "win win" is created as WOTD will offer what the
older mom & pop owners need. A long term buy-out (steady
income situation) where the seller:
1)receives steady income retirement requires
a)Monthly income from long term sale
b)Monthly income from the earnings their portion
of the mom & pop continues to generate
c)=(2b below) (owner might slowly phase out his own
work/"job income"/ paycheck)
2)Is gradually relieved of the many management problems
as the WOTD blue print of operation method is phased
into the mom & pop.
a) Appearance from the standpoint of customers will change
first. (They will know it's a "WOTD" outlet)
b) Operation behind the scene (management) will be altered
more slowly to the satisfaction of the previous owner
and WOTD. (According to one of several plans, the previous
owner will be able to decide how slowly he chooses to
become uninvolved in management.
c) solves the huge one time tax problem most sellers must
worry about.
where WOTD:
1) Generates immediate income from dominating product distribution
2) Increases its ownership/earnings from each mom & pop gradually
3) enjoys economies of scale (larger operator)
4) enjoys the ability to spread geographically paying most of
its immediate attention to the benefits of item #1
(end of first part)
Conclusion:
WOTD will not suffer the need to totally pay for any mom & pop
for a long long time. They will be able to center their effort
on geographical expansion first. (I think they'll do fine)
After all, look how fine they seem to be doing here. Yet are there
really so many people dumping? Of course this is hard to look at
and laugh unless you are thinking about "a mirror" at the time.
These people seem to be smart, which is an investor's problem
until the investor holds WOTD. These gifts that are going to be
offered might be viewed as trinkets much as what the Indians were
given to get them off "our land". It's all in your point of view,
and hard as nails when you discover you didn't catch the bottom.
And these trinkets may even involve extra cash layout. It can
make you feel ridiculous. After that, the last thing on most
peoples minds WILL NOT BE "GEE! Can't wait till I get a real chance
to buy WOTD!!"
The question "How on Earth do you possess a reasonable chunk
of the WOTD company and feel successful about it?" may still be
answered only in the future. If not, then you have what you have,
and you have worked/gambled/speculated/invested/and got yelled
at ...by yourself and your wife for it! In this holding pattern,
where do you go from here?? ..either "up" or....
My constant suggestion: ("oh no!" You'll say... "Here he goes again,
and you'll roll your eyes.)
Note: The 300/1 confusion is forcing me to emphasize the
WOTD comparison to ABTX (2.25 to 19.00 in several months)
should begin with reasonable "WOTD" stock value as it
adjusts to the market (the point of WOTD's yearly low)
The illusive trick- "to figure the stock
out at its worst point" like in the following
example, should a similar thing happen:
Message 3052368
(I'm NOT PUSHING NRID in any way!)
And "compliments to all thread members" are here in
a post I like to remember and I think it still applies.
Message 2981363
Everyone has contributed in their own special ways to making
this little tread "read like a book" and I still look forward
to all the authors being paid in full. .It's not over yet.
But, I'll be the first to admit they can make it very difficult to
hold on to your point of view, can't they?
Dave |
