I haven't done anything on this blog for a couple of months.. Jeez the time seems to fly by. I have to admit that I have been feeling quite frustrated over the past couple of months. I am involved as a partner in a company called EZ Street Canada. We own the distribution rights to a wonderful fantastic cold asphalt product that actually works when repairing paved surfaces... yes, the dreaded pothole can be cured! Anyways, we have a verbal agreement with a large company to purchase 50% of the business. It will give us the clout to take our business to the next stage and it is already showing signs.. very positive signs of being a huge success with representatives making our product in Ontario, Manitoba, Alberta/NWT and BC. The frustration is that the sale has been virtually stalled over the past 2 months waiting for I's to be dotted andt T's to be crossed.. lawyers.. accountants.. but..I firmly believe that this week the deal will be done and we can get on with business. It has been very difficult for me as there has been NO income for a year now and I think everyone would realize that this is not good. I'm really looking forward to getting it done.
In addition to the EZ Street sales, our company had also been involved in sales of another product called Airstar lighting. This product is a highly efficient and easily portable lighting system that can be used in a multitude of situations. We have been marketing the lights in the past to construction, expediting, and mining companies who work in remote locations. We have been salivating at the prospect of getting these lights into the oil sands at Fort McMurray without much success. We recently got a surprize call from a construction company in that region looking for a demonstration of the product and as a result, we quickly arranged a trip up to Ft Mac to show off the lights. It appears that our trip was successful as we have a verbal ..ouch..there goes that verbal word again.. aggreement to rent a large number of lights with a promise to let us use their project as a base for showing the products to other companies in the region. There is so much potential with this product in the oil sands and the client was blown away with the lights and is anxious to get them placed.
Excuse me for sounding optimistic... it has been very tough financially for poor old Jim the past year but... it is going to change very soon and with a few dollars coming in, it looks like it will be a very busy time for the next couple of years. It is exciting and I only wish I were 20 years younger to work at and develop these opportunities.. but I'm not and I'm healthy and I'm happy and who could ask for anything more.
Monday, October 12, 2009
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