It just
hasn’t been the same since the Go-Global students left. As mentioned in the
previous blog post we had a total of 8 projects unofficially approved and have
been waiting on the official document to get the legal work started. The work, which hasn’t been nearly as much,
has also been much less glamourous the last little while. When there is work
concerning the future projects, it’s usually creating excel templates and/or
importing them into folders and laying the OneDrive infrastructure for the new
Danper projects.
This past
Friday we received the official approval of projects from Wasatch. Tomorrow
Elena will meet with the engineers and directors of Danper for the final review
and adjustment of terms. We will be giving the participants the good, or bad,
news later this week after the final sign-off.
It has surly been a long couple of weeks for them.
We are
still having some difficulty as far as payment is concerned on a couple of
loans. With both the Carpentaria and the small dairy farm, we may resort to
liquidation. The Carpenteria seems to be a perpetual loan nightmare that spans
across not just months, but years. It
has great potential however, it has not been managed well; neither the loan,
nor the business. The dairy farm also
has potential, but they consistently put their obligation to us on the back
burner. They are focused on growing the business, but they don’t understand how
to separate their personal finances from the business finances, and completely
ignore the financial ramifications of their decisions. With the current
situation, they just seem to be overextending, despite our weekly meetings.
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