James M. Bleifus said:
By taking over the venture you can ensure this, no? Could you get it done and all the money together by the three week deadline? The point I'm trying to make is this. I see several people being critical in this thread and trying to make things more difficult on M&P but I don't see people stepping up to the plate. What attempts have other people, besides John at J&C (who I believe was involved in facilitating this), made to get a new silver chloride paper developed once Azo disappeared? What facilities did they fly to and inspect? I'll wager none. Michael and Paula have done the heavy lifting while others have sat by. Without them this new opportunity wouldn't exist. Perhaps most surprising to me is that many of the detractors in this thread are very light Azo users, if they use it at all.
So if you're interested in forming a corporation I encourage you to assume responsibility for the whole project and mold it as you wish. It's unfair to try and insert yourself or someone else into the money stream without being willing to shoulder the project. But remember, the clock is ticking. The longer it takes for Azo to reappear the more chance there is of its former users finding other papers that they can live with.
Cheers, James
James,
You seem to be making some massive leaps in logic by what you have written.
Let's look at some things that appear to be factual for a change. The first is that Michael and Paula have taken it upon themselves to bring this paper to market albeit with some pretty unique and atypical financing. Some would even go so far as to characterize the financing as it has been proposed as pretty creative.
When one begins to exam this from a fiscal viewpoint, the matter seems to be something that doesn't make a lot of sense...not good fiscal sense at any rate. I have been involved in business start ups before. The financing for this Azo replacement is probably the screwiest damned idea that I have ever heard.
While you may think that the heavy lifting has already been done, I disagree with you. The heavy lifting is going to be done by the people that are being asked to pony up $5,000 to $10,000 each.
Let's recognize one thing. That is that Michael and Paula have voluntarily decided to seek an Azo replacement. Their decision was theirs to make. The responsibilty to finance this idea is their responsibility as well.
Now there is nothing wrong with this proposed financing so long as everyone is on the same page and that it conforms to applicable legal codes. I simply indicated what appears to me to be very apparent...things that normal investors would shy away from and what normal, sane, and reasonable people would want in return for their money.
Proposals of this type that request the financial outlay from investors that this proposal seems to entail would normally require a published prospectus under law. Furthermore the individual investor transactions would be governed by state and federal laws. I am not convinced that those details have been addressed or attended to. No mention has been made addressing those requirements from what I have observed.
I have found photographic papers that satisfy my desires for self expression. Even though I bought a lot of Azo at one time, I no longer use the paper for several personal reasons. That leaves me at the point of saying "what is the point?" By that I mean "the point" of involving myself and my abilities to put this together in an equitable manner. Equitable being used in this context as being both legal and fair to all parties to the transaction.
Having said this, I am going to divorce myself from this situation. I have expressed the things that reasonable people should consider insofar as an investment. My responsibility to those individuals is finished. I wish all who choose to be involved the very best in this matter.
