MAC, I am fishing with "friends" in Cape Cod. I have known them for 7 years, which definitely qualifies them as such. I met Steve once. He's a nice guy but I wouldn't consider him a friend yet.
I'm sorry you FEEL insulted but you apparently also feel threatened and weak, ergo the recruitment of another board member to come to your rescue. An appeal to authority that has no foundation won't help.
As for the new Hummer Mag, I always start by investing time and ideas before money. When I started my business in 1998 I brought in equity investors but retained 35% ownership. I maintained complete management of the company to get it going in the right direction but never invested any money. When we did become profitable, I made offers to buy out all of the preferred interest and completed the deals in April of this year. So, of course I wouldn't invest $10,000 in a new magazine but I would enjoy being involved, which is certainly worth more than 10k. Besides, 10k doesn't exactly get a magazine off the ground, people do?
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