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Update, Update, Who's Got an Update?
Jan. 30th, 2006 02:14 pmok, so, several people have asked with concern how i am doing, how things are...
well... they're complicated.
but, i think we're over the shock, and feeling more hopeful about the future, even if it isn't with the company that we've devoted our lives and energy to for the past 13 years.
guenter has already had several people say they want to start a company with him, and he's mulling over other ideas to just start his own business, either in construction (he used to be a contractor), or opening a kind of german restaurant called a weinstube, which means a wine-room, where he would cook and serve a fixed pris dinner every night, and of course, feature great wines. his idea is to get a piece of property with hot springs, next to a huge, and incredibly beautiful river in what is called the banana belt of idaho. we would grow our own organic food to be used in the dinners, and the weinstube would be accessible by boat or car.
but that's more of a pipe dream. or maybe something for later on, near retirement.
for now, the company is still limping along, greatly reduced in work force, and on the verge of declaring bankruptcy.
the company was sold a year and a half ago to a bigger company, as some of you may recall. but half of the shareholders always felt there was something fishy about the transaction, and finally got a court to agree. the judge told the old shareholders they need to come up with the money to pay the new company off for their expenses (since the new company wasn't to blame - the president and some shareholders at the time were).
so... the company founder and the aggrieved shareholders have won the battle, but may have lost the war... they suddenly seem confused and undecided on what they want to do, and if they want to come up with the millions of dollars necessary to take over the water bottling company.
in the meantime, they've told the court that if they get the company back, they want my husband to run it as CEO, which would be pretty amazing. but, every day that the company's fate is undecided, they are losing both suppliers of supplies, and retailers who sell the bottle water. so, even if my husband became CEO, the chances of the company getting back on its feet are slim to none.
so... anyway... we're working on contingency plans. mainly, that my husband is going to finish remodeling our house up in the mountains and put it on the market, then use some of the profit to help pay off this house (maybe), and put the rest into starting a new business.
i want to thank everyone that wrote to me privately or through my lj to offer support. it touched my heart that anyone would care, and make an effort like that.
i have to admit that i am scared to death to accept such support, though, because of my own insecurities and painful experiences with past friends and family. i don't want anyone to feel rejected by me, because i haven't replied. i just hope you can understand that i've developed some thick scar tissue over the years, and just am too scared to trust anymore, no matter how kind and sincere i sense you all truly are.
well... they're complicated.
but, i think we're over the shock, and feeling more hopeful about the future, even if it isn't with the company that we've devoted our lives and energy to for the past 13 years.
guenter has already had several people say they want to start a company with him, and he's mulling over other ideas to just start his own business, either in construction (he used to be a contractor), or opening a kind of german restaurant called a weinstube, which means a wine-room, where he would cook and serve a fixed pris dinner every night, and of course, feature great wines. his idea is to get a piece of property with hot springs, next to a huge, and incredibly beautiful river in what is called the banana belt of idaho. we would grow our own organic food to be used in the dinners, and the weinstube would be accessible by boat or car.
but that's more of a pipe dream. or maybe something for later on, near retirement.
for now, the company is still limping along, greatly reduced in work force, and on the verge of declaring bankruptcy.
the company was sold a year and a half ago to a bigger company, as some of you may recall. but half of the shareholders always felt there was something fishy about the transaction, and finally got a court to agree. the judge told the old shareholders they need to come up with the money to pay the new company off for their expenses (since the new company wasn't to blame - the president and some shareholders at the time were).
so... the company founder and the aggrieved shareholders have won the battle, but may have lost the war... they suddenly seem confused and undecided on what they want to do, and if they want to come up with the millions of dollars necessary to take over the water bottling company.
in the meantime, they've told the court that if they get the company back, they want my husband to run it as CEO, which would be pretty amazing. but, every day that the company's fate is undecided, they are losing both suppliers of supplies, and retailers who sell the bottle water. so, even if my husband became CEO, the chances of the company getting back on its feet are slim to none.
so... anyway... we're working on contingency plans. mainly, that my husband is going to finish remodeling our house up in the mountains and put it on the market, then use some of the profit to help pay off this house (maybe), and put the rest into starting a new business.
i want to thank everyone that wrote to me privately or through my lj to offer support. it touched my heart that anyone would care, and make an effort like that.
i have to admit that i am scared to death to accept such support, though, because of my own insecurities and painful experiences with past friends and family. i don't want anyone to feel rejected by me, because i haven't replied. i just hope you can understand that i've developed some thick scar tissue over the years, and just am too scared to trust anymore, no matter how kind and sincere i sense you all truly are.
