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The Business Technology Association and all the separate entities seem more like investment clubs rather then associations dedicated to helping the association's members. I am hopefully that this episode and my previous episode regarding BTA National and the BTA scholarship entities will cause some obviously needed debate between these organization's boards and these organization's members.
The 2nd qtr 10 Q showing a zero revolving. It seems as Ares Capital has turned off the money spigot. It also appears as Ares Capital converted a unrealised loss from 1st qtr to a new PIK loan on the 2nd qtr 10Q. I share my thoughts on that. As well I share my thinking regarding a possible strategy in the dismantling of Visual Edge IT.
As I share thoughts from the porch this morning think about the reality of the private equity investments in the print industry. With the help from Artificial intelligence financial reporting will go to a another level. As investors consider the investments in technology whether it's technology of the future, technology of the present or as in the case of our industry technologies of the past. The level of scrutiny is going to a whole new level. The print industry will not simply be allowed to share alternative realities anymore! The future of all technology resellers will face changes and being prepared based in reality will be mandatory. BTW there's actually over $500 billion more in coming soon Zombie assets, assets 7 years or older today. One would think if these organizations didn't sell in the last 7, 8 or 9 years they probably will indeed join the Zombie Club!
ray stasieczko
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