End of week

Had a relatively last few days. The forecast for RedStores has been validated. Gerry and I spent time to review our assumptions and model. The forecast is huge and yet no matter how conservative and pessimistic we try to be it’s giving us really big valuation in...

Handover

Most of last week was spent on handing over and info transfer to Jessica for RedStores. We separated into 3 segments – responsibility between RSO and RSV – and how we will move forward splitting the company, handle ingercompany charges, etc. 2nd phase was...

Shareholder agreement in the air

After somewhat unproductive day in Seoul, it was great to get on the airplane.  Departure time was 12:30PM, so perfect time for peak performance. I started off reviewing the budgetary costing and pricing for Project Genie.    Mina did a costing on...