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- #31
Thank you. I am not considering a liquidation event because our cash flow is fine and I don't need capital. In fact, we had an associate offer up to a million dollars of financing just to ensure we could maximize our output with them, but they know we don't need it. We still have room to grow by multiples, and I want to improve our foundation.
I see a company as a fashion company where you always stay on top of the game. If you're not at your best, someone will come out with a better model. Competition is not an issue - people just want to stay on top of trends. So, even competitors want to work together.
2014 will be even bigger as we had more constraints in 2013. We're only reaching a fraction of our addressable market. I think both Drake and Pickens are right:
I see a company as a fashion company where you always stay on top of the game. If you're not at your best, someone will come out with a better model. Competition is not an issue - people just want to stay on top of trends. So, even competitors want to work together.
2014 will be even bigger as we had more constraints in 2013. We're only reaching a fraction of our addressable market. I think both Drake and Pickens are right:
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