Why is life not fair?
1. I lost a lot (for me) of money when Cape Fear Bank's assets were turned over to the FDIC. Their stock is now worth $0.01 and I bought it for $10.00 per share (I think). I have too much invested in individual bank stocks.
2. The wind is blowing so hard outside I am afraid that a tree is going to fall through my house.
3. My core sales are off 65% from about eight months ago and my company's profits are off almost as much.
4. I am saving nothing toward retirement. My real retirement plan is for the business to do well enough that I will be able to set money aside in the future.
5. Doing business is going to continue to get more difficult with Obama in office and I will get to keep less of my hard-earned money as the government sticks their hands further into my pockets.
6. I don't score every night- or every month for that matter.
8. My wife would not give me permission to score with someone else besides her.
9. If she did it wouldn't take me more than five minutes to finish.
10. My libido is not diminshing with age.
6/20/2009
6/17/2009
I Hate Lawyers
I have just signed a licensing agreement and I feel like I am running naked through a field of razor blades carrying a 55 gallon drum of isopropyl alcohol with holes in the bottom. The agreement puts almost all of the risk on my company - the licensee. The licensor is taking comparatively no risk. The licensor will not even warranty that he has the rights to license his invention.
I could go into all the details but I would bore myself and I know them all and no one reads this anyway, but if someone sues my company claiming that the product we are manufacturing under license infringes on another patent we are completely fucked because the inventor is not even claiming to have the rights to license what he is licensing. Were my company sued in this manner we would have no recourse with the inventor.
Normally I would never enter into an agreement that is so one-sided but without this agreement my company is effectively out of business. Eight months ago when our business outside this product we are licensing was good, I would have never signed this agreement and put my company at such risk. But now our core business has dropped off a cliff and the inventor has us by the balls even though he really doesn't know it.
His attorney is not an intellectual property specialist and the attorney I am using most certainly is. It is painfully obvious that the inventor's attorney doesn't know much about intellectual property law. The agreement he as drafted speaks so loudly to this point that I can even see it. Nevertheless the inventor is going by what his lawyer tells him to so they effectively are bending me over and ramming it home.
The agreement is so far outside the norm for licensing agreements that it is absurd. The licensor's attorney says this is a "hybrid" situation so it doesn't fall under what a normal licensing situation would entail The only thing "hybrid" about this agreement is that it is so one sided and that if I didn't sign it I might as well declare chapter 7. No other company with a sane CEO that was not desperate would sign an agreement like this.
I feel so damn vulnerable and I am pissed off that I had to be in this situation. I feel just like a prison bitch.
I could go into all the details but I would bore myself and I know them all and no one reads this anyway, but if someone sues my company claiming that the product we are manufacturing under license infringes on another patent we are completely fucked because the inventor is not even claiming to have the rights to license what he is licensing. Were my company sued in this manner we would have no recourse with the inventor.
Normally I would never enter into an agreement that is so one-sided but without this agreement my company is effectively out of business. Eight months ago when our business outside this product we are licensing was good, I would have never signed this agreement and put my company at such risk. But now our core business has dropped off a cliff and the inventor has us by the balls even though he really doesn't know it.
His attorney is not an intellectual property specialist and the attorney I am using most certainly is. It is painfully obvious that the inventor's attorney doesn't know much about intellectual property law. The agreement he as drafted speaks so loudly to this point that I can even see it. Nevertheless the inventor is going by what his lawyer tells him to so they effectively are bending me over and ramming it home.
The agreement is so far outside the norm for licensing agreements that it is absurd. The licensor's attorney says this is a "hybrid" situation so it doesn't fall under what a normal licensing situation would entail The only thing "hybrid" about this agreement is that it is so one sided and that if I didn't sign it I might as well declare chapter 7. No other company with a sane CEO that was not desperate would sign an agreement like this.
I feel so damn vulnerable and I am pissed off that I had to be in this situation. I feel just like a prison bitch.
6/15/2009
Poopin' Milestons
The twins are somewhat potty trained now. Big boy still prefers to poop in his underwear but has the pissing in the toilet thing down. The poop in underweare is always a blast when the poop is not solid. Big girl is about at the same place. I took them to a park yesterday and she pooped in her underwear. The walk they do after they shit their pants is so fucking funny. It is a stiff legged thing. I hope they can put two and two together and figure out that if they hold it until mommy or daddy can take them to a potty it will be a lot more comfortable.
The family is at our mountain house this week and I am here at home trying to go to sleep after preparing for my board meeting in the morning. Business absolutely sucks big donkey you know whats. Our core business is off over 65%. If it weren't for the new product we picked up to manufacture we would most likely be out of business. That opportunity came along at just the right time. If the economy doesn't pick up soon I don't know what the fuck I am going to do.
Ain't life fun.
The family is at our mountain house this week and I am here at home trying to go to sleep after preparing for my board meeting in the morning. Business absolutely sucks big donkey you know whats. Our core business is off over 65%. If it weren't for the new product we picked up to manufacture we would most likely be out of business. That opportunity came along at just the right time. If the economy doesn't pick up soon I don't know what the fuck I am going to do.
Ain't life fun.
6/07/2009
Abstinence Streak Ended
Through no fault of my own the two month abstinence streak ended last night- no blood related children within 30 miles did the trick and I didn't even have to initiate. It was good for me but I am pretty confident it was a major disappointment for the wife.
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