Mailing List lml@lancaironline.net Message #39519
From: Peter Van Arsdale <petervana@earthlink.net>
Sender: <marv@lancaironline.net>
Subject: RE: [LML] Re: Pinpoint
Date: Wed, 17 Jan 2007 12:01:17 -0500
To: <lml>
Message

It’s interesting to read the dialogue that is going on regarding the failure of D2A in what appears to have been a fairly typical business event.  Some are trying to make the story read like a Nancy Drew novel.

 

I have read that 3 out of 5 startup companies fail within 3 years.  For those that fail, most often their assets are long gone and they owe a lot of money.  We have not seen D2’s books, which are probably in disarray,  but I would guess that the books reflect this condition.  If one were to put them in order, the quickest conclusion one would come to is that the expression, “you can’t get blood from a stone”, is true.

 

All of the innuendo and insults being cast about seem to have no basis.  If the owners of Pinpoint want to remain anonymous, (could it be Bill Gates and Warren Buffet?) then they have that right if allowed to by law.  If Brent Regan knows that they are the owners and does not want to or cannot divulge this, that’s his business.

 

With any business that wants a big advance deposit, Caveat Emptor.

 

Regards,

 

Peter Van Arsdale

(314) 677-4814

St. Louis

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