You also mentioned a 5-year liquidation for your position through public offering or sale. Five years may be too soon for us to achieve our growth goals with the opening of 10 new centers. Can we extend that to seven years?
Seven years is much longer than I initially expected, but if it still gives me the same exit plan I can agree to that. This way the company can reach its growth goals before going public.
Slide: 2
Yes I believe in the potential of the company and think we will hit our growth goals within these 7 years!
Perfect this will give us time to properly grow these new ten centers directly owned, with profitable results!
Slide: 3
I completely understand and as long as there are clear boundaries so we can ensure the board remains balanced, I am happy to have you on the board.
We haven’t talked about my board seat yet? This is non-negotiable due to the amount of funding I would be providing.
I will respect the boundaries and the board members' inputs so long as mine is also valued. With this I know I am coming into the company later so I will make sure not to overstep.