Michael Roth
Michael Roth
company optimum time turnaround
When the company is in a turnaround is not the optimum time to put the company up for sale.
commitment financial integrity level process results review statements
The results of the financial review and restatement process demonstrate our commitment to the integrity of our financial statements and to a new level of transparency,
balls coming mindset pitch rip swing
We had a mindset coming into the game, 'See the pitch and rip it,' and don't swing at balls.
changes growth improve key management number operating prospects steps taken
We have taken steps to improve our growth prospects by making management changes and upgrades at a number of key operating units,
comment core deals gauge operate venues
We don't comment on any deals that are in negotiations. I can't even give you a gauge of our interest. But we own and operate venues as part of our core business.
factors great overcome work
there are times when even great work is not enough to overcome other factors that destabilize a relationship.
concerned looking quality retaining several stability water
We're looking at several things. We're concerned with the retaining wall, its stability from a water quality perspective, and their drainage controls, which are insufficient.
confident numbers
We're confident these numbers are the right numbers.
last
We wanted to do it right, and for the last time.
booming came last market
Construction was booming last year. The market came back strong.
competition competitor pie splits
It was not the competition from Wal-Mart -- every new competitor splits the pie another time.
client continue cycling decline doubt losses marginal next number organic revenue three year
There is no doubt that 2005 was a challenging year for our company. The organic revenue decline was marginal and we will continue cycling through a number of client losses during the next two to three quarters.
beautiful collection created delight displaying educate grow happened project
What has happened at the de Young is they have created a very adventurous project that will grow more beautiful over time, but they have also come up with displaying the collection that will educate and delight audiences.
accounting behind controls financial fix issues leave priority top
Our top priority is to fix our financial controls and leave accounting issues behind us.