PDF FilesEDZ, Dd&,,^'^
Zt
35(6,'(1765(3257
,/d ts d t t/ ^Wd^
s / t^Z' d
>>ZEt d<
<t
Z^
6LJQSRVW
&/8%(9(173+2726)5207+(/$67&283/(2):((.6
WZ^/Ed'>EE,/Ed,ZZKtKZDzd,d&DKh^'ZEZ'ZzW
,ZtKZ</E'&/>Dh&&^dd,ZEd&hEZ/^Z>KK<WZddzK^z/Ed,Z
ZD/EZKhd>>d,>ht^/dEKd,ZZKdZz/E&KZDd/KEs/>/>
7+,67,0(2)<($5,1352*5(66,9(',11(5/$67&2856(""
0$5&+%,57+'$<60$<<28$//(1-2<<285&(/(%5$7,216
3$8/*,%%2160$5&+1'
$1'7+(1,5(&(,9('7+,60(66$*(7+,6:((.
7R0HUO\Q4XDLIHPHUO\QT#JPDLOFRP!
&FYROXQWHHU#EHQGLJRIRRGVKDUHRUJDX!
7KDQNVIRUFRQWDFWLQJPH0HUO\QLWLVUHDOO\DSSUHFLDWHG
$VGLVFXVVHGWKHWZRWKLQJVZHDUHUHDOO\QHHGLQJDWSUHVHQWDUH
3HRSOHWRVSUHDGWKHZRUGDQGVHWXS1HLJKERUKRRGJURXSVWKDWFDQVXSSRUWHDFKRWKHUZLWKRXU+HOS
<RXU1HLJKERXUFDPSDLJQ,I\RXFRXOGGRWKLVWKURXJKDOO\RXUFRQWDFWVWKDWZRXOGEHJUHDW7KHUHLVD
IDFHERRNSDJHDWKHOS\RXUQHLJKERXUFHQWUDOYLFLISHRSOHZDQWPRUHUHVRXUFHVDQGVWRULHVRIWKHJUHDWWKLQJV
SHRSOHDUHGRLQJWRKHOSHDFKRWKHU$Q\JUHDWVWRULHV\RXKHDURIVKRXOGEHIHGWKURXJKWRPHDQG,
OOJHW VRPHRQHWRSXWWKHPXS
:HDUHVHHNLQJYROXQWHHUVWRKHOSLQPDQ\ZD\VDVWKHSDQGHPLFXQIROGVHJKHOSFROOHFWIRRGKHOSLQWKH
ZDUHKRXVHKHOSGHOLYHUIRRGWRDJHQFLHVKHOSRFRRUGLQDWHDFWLYLWLHVKHOSZLWKDGPLQKHOSLQDJHQFLHVWKDW
GRQ¶WKDYHHQRXJKYROXQWHHUVRUSXWWKHLUQDPHGRZQDVSRWHQWLDOGULYHUVIRUPHDOGHOLYHULHVDVZHJHWPRUH
SHRSOHKDYLQJWREHLVRODWHGDWKRPH$Q\RQHZDQWLQJWRYROXQWHHUVKRXOGVHQGWKHLUFRQWDFWGHWDLOVDQG
ZKDWWKH\DUHLQWHUHVWHGLQKHOSLQJZLWKWRYROXQWHHU#EHQGLJRIRRGVKDUHRUJDX3OHDVHDVNSHRSOHWREH
SDWLHQWDVZHDUHMXVWVHWWLQJXSWKHVHV\VWHPVDQGQRWDOOW\SHVRIYROXQWHHULQJDUHQHHGHGULJKWQRZ
+RZHYHUZHQHHGWREHDEOHWRFDOORQSHRSOHDVWKHSDQGHPLFXQIROGV
7KHUHZHUHVRPHRIRXUILUVWJRRGQHZVVWRULHVLQWKH$GG\WRGD\+DYHDORRNDWKWWSVGLJLWDOSULQW
HGLWLRQDXVWFRPPXQLW\PHGLDFRPDX%$7GLVVXHLQGH[KWPOLI\RXDUHLQWHUHVWHG
,
YHFRSLHGRXUQHZYROXQWHHUUHJLVWHUYROXQWHHUVLQRQWKLVHPDLODQGVRPHRQHZLOOJHWEDFNWR\RXZLWK
GHWDLOVRI\RXUUHJLVWUDWLRQZLWKXVDQGKRZ\RXFDQKHOS
<RXDQG\RXU5RWDU\&OXEZHUHDJUHDWKHOSWRXVZLWKRXU&KULVWPDV0RELOH)RRG3DQWU\,WVHHPVDORQJ
WLPHDJREXWLWUHDOO\KHOSHGDQGZDVPXFKDSSUHFLDWHG7KDQNVIRUYROXQWHHULQJWRKHOSIXUWKHUDWWKLV
GLIILFXOWWLPH
&DWKLH6WHHOH &KDLURIWKH%RDUG
%HQGLJR)RRGVKDUH
[
'HDUDOO
7KLVLVVRLPSUHVVLYHDQG,NQRZWKDW5REHUWLVORRNLQJRXWIRURXULQWHUHVWVDVFRQWULEXWRUV,ZDV
DEOHWRWUDQVIHUPRQLHVDFURVVZLWK%HOLQGDDW5$:&63HWHU*UD\DQGP\VHOIDUHVZDSSLQJUROHV
ZLWKKHEHFRPLQJWKH3URMHFW0DQDJHUDQGUHVSRQVLEOHWRVHQGLQJWKHPRQH\DFURVVEXWRXUFOXE
UHPDLQVWKH6SRQVRULQJ&OXE$V3HWHUJRHVDFURVVHYHU\IHZPRQWKVDQGKDYLQJPRUHWLPHDQG
EHWWHUKHDOWKZHWKRXJKWWKLVDSSURSULDWH,KRSH\RXDOODJUHHWRRXUPRYH
7KHUHDUHDIHZWKLQJVWKDWZHFRXOGSHUKDSVFRQVLGHU7KHWKUHHFODVVURRPVIRUEHDULQJ
LQPLQGWKDWWKH\ZRUNLQ86GROODUVWKHVSRUWSURJUDPWKHZDWHUILOWHUDQGVFKRROVXSSOLHV7KH
ZDWHUILOWHUDQGDQDOORFDWLRQIRUVFKRROVXSSOLHVFRXOGEHD)RXQGDWLRQ*UDQW7KHVSRUWVSURJUDP
ZHZLOOUXQE\0LFKDHOZLWKKLV)RRWLHVDOOSURJUDP,ZLOOFKHFNWKHILQHUGHWDLOVZLWK-HQQ\)RVWHU
DQGWKH3DVVSRUW&OXEDQGOHW\RXNQRZDERXWWKDWRQH,WLVJRRGWRVHHWKHKDQGZDVKLQJ
IDFLOLWLHV,ZLOODVN3HWHU*UD\WRFKHFNRXWWKHSULFHRIDZDWHUILOWHULQ&DPERGLDZKHQKHLVWKHUH
DQGKRZPXFKLVDOORFDWHGLQWKHEXGJHWIRUWKHVFKRROVXSSOLHV
5HDGHUV\RXPD\VHHVRPHWKLQJHOVHWKDWLVZLWKLQRXUVFRSHWRVXSSO\3OHDVHIHHGWKDWLWLQLI
\RXGR7KLVLVRQO\P\ILUVWLPSUHVVLRQ$QQH
$VZHDUHVRFORVHWRWKHQHZ5RWDU\\HDUSHUKDSVZHFDQSUHSDUHDGRFXPHQWRXWOLQLQJLWHPV
DQGFRVWVDQGWKHQFRQVLGHUIRUWKHQH[WEXGJHW3OXVKRZDUHZHJRLQJWRUDLVHDQ\PRQLHVZH
PLJKWUHTXLUH
*OHQQ7RQ\DQG+HDWKHU<RXPD\FRQVLGHUVHQGLQJWKLVGRFXPHQWWRDOOPHPEHUVDVLWLVDYLWDO
SDUWRIRXU,QWHUQDWLRQDOZRUN,WZRXOGJLYHRXUPHPEHUVDOOWKHLQIRUPDWLRQWKH\QHHGWRNHHSRXU
FRPPLWPHQWJRLQJ
7DNHFDUH$QQH 3/($6(6(($77$&+0(176('
>hWZK'ZD DZ,tdZE^E/dd/KE
dKs/^
dKs/^ sEd ' ^ Z^ t d W
DZ, E
/^dZ/dKE&ZE
E>> E/'K /^dZ/dt^/d
WZ/>d <KKEZKK<
DW/E'E/^KsZz t<Ed<KKEZKK< WK^dWKEhEd/>
<KKEZKK< dKEz'>EE
W>^^dzd/s,Z^KhW>K&ZEd>hsEd^DKE^dZd/E'd,/^
d,&KhZtzd^d /dZhd, /&/Z t'KKt/>>ddZ&Z/E^,/W^
tE&//>
t,K^t,K
ZKdZz/EdZEd/KE>WZ^/Ed DD Z//^dZ/d'KsZEKZ ', ^^d'KsZEKZ'^
>hWZ^/Ed 'D ^ZdZz dW dZ^hZZ <D zKhd,^Zs/^/ZdKZ <D>
/EdZEd/KE>^Zs//ZdKZ ,E KDDhE/dz^Zs//ZdKZ DY DDZ^,/W/ZdKZ W'
>h^Zs//ZdKZ ^ >hWZKdd/KEK&&/Z 'D<
ZKdZz&KhEd/KE,/Z ^ >hKDDhE/d/KE^ D^ Et^>ddZ/dKZ W'
sKd/KE^,/Z
d,K:dK&ZKdZz dZ
&/Z^d
d
^KE ,
Z
d,/Z dZ
&KhZd,
d
>h^dZ>hDd/E'd/D^
/^dZ/d'K>&/>^>h^dZZKdZz>h^
Z<E'ZKK&>dDZ' W
ZE/'KdW ^<
ZE/'K^dZd,>d W^<
Z,hDKDdD ^^D
ZE/'K^E,hZ^dt ,t^
Z'>,t<tD/
ZZK,^dZdd, D^K'ED
Kd, Λ
LOAD MORE