
Mandy asks…
I want a new Job the Owner of the company said stay your going to make money here. now what?
Right now I sell cars, The dealer ship were I work is not the same however are traffic is way off, My montly incom is off way off its a good business but im not making money, recently I got a job offer in the morgatge busniess as a junior loan officer a position to learn the business it pays salery plus commision, it would be a new field but I wont spend day at work without getting paid I will get a check, but basied on the current home market I’m scared to switch. Will it be worth me swicthing I dont want to go from bad to worse sell cars is 100% commision the new job is salery plus commision based on leads i provide…. please help I have to start on the 10 of this month……….I have been at my job for three years in a comfort zone and scared to leave but not making any money……….. I talked to the owner he says I would be crazy to leave . now i confused

Ron M. answers:
GO…RUN…FAST. I don’t understand why you wouldn’t want a salary + commission over nothing, at least you get something if you don’t sell anything, your boss wants you there because he needs bodies and doesn’t want to hire again, he is looking out for his best interest not yours.
GO GO GO GO GO!!! SAY BYE BYE

Ken asks…
How do I sue an internet company that won’t offer contact information? UPDATED WITH MORE INFO?
I recently entered into an unsatisfactory business transaction with a company operating solely on the internet called HandHeldMed, Inc (www.handheldmed.com), and as a result I have decided to enter a lawsuit against them. I have contacted the BBB, searched records from the secretary of state, contacted their (800) number, and am still unable to obtain contact information, and they certainly won’t respond.
In pursuing a small claims suit against them, several issues have arisen:
1. They won’t offer physical contact information (to serve court documents), and I’ve spent months trying to locate/contact them. NOTE: I have already pursued a domain-name contact search (Angela Roberts, Redmond WA, etc; http://answers.yahoo.com/question/index;_ylt=AiBgmYfM_LMqUSeDwZBxiTLty6IX?qid=20070413123121AAKbvKy ) . Certified letters to ALL leads have been returned.
2. In which court can I sue them? Since it’s internet-based, can I sue them in my home town?
3. Who could I hire to obtain contact info?

Ron M. answers:
You would have to sue them in Redmond, WA. I would suggest filing a complaint with the WA State Attorney General. They should be able to track down exactly who it is who owns the company. Moreover, they would probably interested to know that this company apparently is operating without a business license, since I can’t find it on the state’s business registry (http://dor.wa.gov/content/doingbusiness/registermybusiness/brd/)
Edit: I looked at the whois info on the domain and found that it is registered by a company called Medical Wizards Corporation (which also isn’t in the license database…). That company also owns www.medicalwizards.com, which is obviously the same company. That whois registry information has a physical location: 15263 NE 90th St., Redmond, WA 98052.
Edit2: That address is associated with another company named PDA verticals and it is actually licensed (http://dor.wa.gov/content/doingbusiness/registermybusiness/brd/Results.aspx?RequestType=1&Criteria=PDA+Vertical&City=#brdResults)

Robert asks…
plz change the following text in your own words and finally please do the conclusion?
Please change on your own words..
General Information
JVC Kenwood Holdings is a Japanese company based in Yokohama Japan. The company formed from the merger of Victor Company of Japan, Limited (JVC) and Kenwood Corporation (Kenwood) on October1, 2008. The company operates in five business segments. The car electronics segment manufactures and sells car audios, car audio and visual (AV) system, as well as car navigation system. The home& mobile electronics segment manufactures and sells video cameras, liquid crystal televisions, projectors, pure audios, stereo set and portable audios. The professional systems engaged in the manufacture and sale of business land mobile radio equipment, video surveillance equipment, commercial audio, video and display equipment. The entertainment segment is engaged in the plan, production and sale of music and video software, the manufacture of compact discs (CDs) and digital versatile discs (DVDs). The others segment is engaged in the manufacture and sale of radio frequency ID systems, weather satellite data reception systems, other electronic devices, etc. The company has 134 subsidiaries and 11 associated companies.
Integration purpose
Through the management integration JVC Kenwood expanding the scope of previous cooperative efforts, which were limited to such aspects of operations as development production and procurement in common business segments car electronics and home audio, to other existing business segments and facilitate expansion into new domains in addition to reinforcing such business activities as marketing and sales.
As for common businesses, the companies focusing the car electronics business into a strong profit center and increase the profitability of the Home Audio business by expanding the role of J&K Technologies to general procurement and manufacturing and ultimately, position the company as an operating company standing shoulder to shoulder with JVC and Kenwood.
Through such policy, both companies will maximize synergy and enhance unified global corporate value while creating new corporate value. Both companies striving to establish solid positions as world-leading manufacturers specializing in AV products.
Overview of the fiscal year
The global economy in the fiscal year under review continued to be stagnant, affected by the economic crisis that was sparked by the financial turmoil originating in the US. However, signs of recovery have become apparent in some industries as a result of aggressive economic measures taken by governments in a number of countries and economic growth in emerging countries.
Under such circumstances, operating results of the JVC Kenwood Group started recovering in the second quarter, after bottoming out in the first quarter. This was a result of efforts such as structural reforms that were implemented in the previous fiscal year and effect of the merger. The Group posted an operating profit in the fourth quarter for the first time since the third quarter of the previous fiscal year, posting a record profit after the management integration.
Net Sales
Net sales for the fiscal year under review were 398,663 million yen. This reflects the curtailment of the display segment in Europe and the slow recovery in sales in the camcorder segment of the Home&Mobile Electronics business as well as a delay in recovery of order-receiving in the Professional Systems business and shortage of hit movies and music in the Entertainment business. However, the Car Electronics business started recovering in the second quarter.
Net sales for the fourth quarter stood at 93,237 million yen, down only about 11.4 billion yen (10.9%) from a year earlier since the sales increase in the Car Electronics business partially made up for the sales decrease in the Home&Mobile Electronics business.
Compared with the third quarter of the fiscal year net sales decreased only by about 8.9 billion yen (8.7%) partly thanks to a sales recovery in the Professional Systems business.

Ron M. answers:
I stopped doing other people’s homework 40 year ago.

Ruth asks…
More good news….did you hear about this?
http://www.newsday.com/
Associated Press Writer
November 12, 2006, 3:42 PM EST
FARMERS BRANCH, Texas — This Dallas suburb could become the first city in Texas to adopt a sweeping ordinance intended to keep out illegal immigrants, a cause for concern among its large minority population.
More than 50 municipalities nationwide have considered, passed or rejected laws banning landlords from leasing to illegal immigrants, penalizing businesses that employ undocumented workers and making English the local official language.
But until now, that trend hasn’t been matched in the Lone Star State.
“This is the first town in Texas that had the guts to do what’s right,” Susie Hart, who grew up in Farmers Branch, said during a recent demonstration outside City Hall. “The education system is tanking, health care has gone through the roof, everybody is bilingual.”
Such sentiments and the proposed ordinance trouble many people in Texas, where many Latino families can trace their roots here to the era before statehood.
“This is not just a Farmers Branch problem,” Elizabeth Villafranca said of the proposal.
Villafranca, whose family owns a Mexican restaurant in Farmers Branch, said she worries that such laws will spread to other cities if the City Council approves the proposal. The measure is expected to be submitted to the council on Monday, but there was no indication when it might be put to a vote.
Since 1970, Farmers Branch has changed from a small, predominantly white bedroom community with a declining population to a city of almost 28,000 people, about 37 percent of them Hispanic, according to the census.
It also is home to more than 80 corporate headquarters and more than 2,600 small and mid-size firms, many of them minority-owned.
The local debate over illegal immigration began in August and spawned demonstrations by both sides of the issue. Council members adopted a resolution criticizing the federal government for not aggressively addressing the issue.
A councilman has given city attorneys drafts of an ordinance that would make English the city’s official language and proposals to fine companies and landlords who do business with illegal immigrants.
The Farmer’s Branch proposal follows a vote this year in Hazleton, Pa., to fine landlords who rent to illegal immigrants, deny business permits to companies that employ them and require tenants to register and pay for a rental permit. However, a federal judge temporarily blocked enforcement of the Hazleton ordinance while he considers a lawsuit against the town by the Puerto Rican Legal Defense and Education Fund, the American Civil Liberties Union and other groups.
More than a dozen other Pennsylvania cities have taken up similar ordinances, as have several others in the South and a handful in California.
Many of the towns and counties have based their ordinances on a model provided by the Immigration Reform Law Institute, which favors limits on immigration and is affiliated with the Federation for American Immigration Reform.
“They’ve all expressed a great deal of frustration with the failure of the federal government to respond” to illegal immigration, said Mike Hethmon, the institute’s general counsel.
Critics fear the spread of anti-illegal immigration rules will lead to sanctioned discrimination and racism.
“It’s basically saying those people are illegal in their very nature; it is all right to be against them because they are lawbreakers. Many people are assuming that all immigrants are lawbreakers, and that people who are different, who speak a different language, are to be shunned,” said Cesar Perales, president and general counsel of the Puerto Rican Legal Defense and Education Fund
Miss Erin, are you speaking from personal experience?

Ron M. answers:
HEY !!!
ISN’T THE WAR AGAINST THE TERRORIST MORE IMPORTANT !!!
PLUS I HAVEN’T HEARD FARM WORKERS BOMBING AND BEHEADING PEOPLE !!!

Sharon asks…
Does anyone have any comment on my decision to buy Praesepe (PRA) shares?
Praesepe plc is an AIM listed company with the specific purpose of consolidating the very
fragmented UK and European AGC (the technical phrase for Amusement Arcades) industry.
The plan is to build a business by acquisition with EBITDA of £100m within 2 years and to
exit, via means of a trade sale, on an 8x multiple.
The CEO, Nick Harding, started this journey once before as CEO of Talarius plc. From June
05 to Jan 07 he grew Talarius to become the largest UK AGC operator (200 sites), taking the
share price from 80p to 280p in the process. His plans for Talarius were cut short – in a nice
way – by an earlier than expected, acceptable offer to sell to an Australian based trade buyer
on a 9x multiple.
The expectation was that Talarius, under its new ownership, would continue with its
acquisition plans but, due to problems in its home market, it hasn’t. Nick’s no compete clause
expired and he began the same journey again with Praesepe. This time he and his main
backers are more determined to reach the £100m EBITDA target and an early buy out offer
is, therefore, less likely to be accepted.
Praesepe is at the early stage of its journey. At the time of writing it has 54 sites across the
UK, EBITDA for the 6 months to July 09 of £1.14m, a strong deal pipeline and a market
capitalisation of £17.8m.
The main shareholder (38.5%) is Marwyn – a big backer (and beneficiary) of Talarius
previously. It is committed to the plan and is unlikely to sell out before the target exit.
Depending on the size of the business being bought, Praesepe has acquired sites / groups of
sites on EBITDA multiples up to 7x, with the average around 5.2x. Nick Harding is President
of BACTA (the AGC trade body) and is well thought of in the industry across Europe – this
makes doing deals that bit easier.
On acquisition, sites are usually rebranded (Cashino), refitted with new machines on a
revenue share model with leading manufacturers (uniquely for the industry – lower capex
requirements / no ‘failed’ machines) and the operations are sharpened across the board.
Based on The Crystal Room (so far the flagship Praesepe site in Leicester Square, London),
such actions have a dramatic impact on revenue and earnings: The Crystal Room weekly
revenue is +60% versus the weeks before the acquisition was completed.
Acquisitions will be funded by a mix of new equity and debt. Currently there are 220m shares
in issue, with 400m authorised. Have in mind that there is the potential for dilution unless
further investments are made as new shares are issued.
If the business sells for £800m with 400m shares issued, that is £2 a share. Compare that to
the 8.5p market price today and, if you believe that the AGC market will follow the rule of
consolidation and that Nick Harding can repeat and build on his previous success at Talarius,
then it is worth a look.

Ron M. answers:
I think you may have missed the boat on that one, the shares have nearly halved since the middle of last year in a rising market which should really set the alarm bells ringing.
As great as the business plan sounds, it’s fundamentally a low growth mature market so there are limits to the earnings potential.
If you are going to invest in the gaming sector you really need to find someone with a sizeable online presence – that is where the growth is going to come from in future.
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