Thursday, October 25, 2007

Novastorm '07: An Ominous Development

When four of your top execs (including one co-founder) suddenly resign, Labor Standards wants to talk to your president... and he can't be found... you know your company is in deep trouble. I've read predictions that Nova would go belly-up in November. It's looking more and more like those predictions weren't hysterical (my initial impression) but actually quite conservative.

Hmm. Well, I never claimed to be a business-financial guru. Okay, so maybe I did. But that was just to secure a multi-million dollar loan for some personal projects. And as far as the state of New York is concerned, I've made ample restitution. So let's just forget that little incident, shall we?

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