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Re: Gomberg agreement



I wrote:
> >> Woah, how many is that?  I thought he printed like 1000-2000 copies of
> >> each?  Did we just agree to give him $10,000 or so?

David wrote:
> >By the time we get done with getting PAMs for each 3 months of AGA
> >membership we give his unexpired subscribers there should be around 3,000
> >PAMs left.

Neil wrote:
> Like Erik, I am concerned about getting the large number of PAMs. I am
> definitely not confident that we will be able to sell 3,000 extra PAMS.
> Even though we have the money in the treasury, I do not support making this
> $6K investment. This is in addition to a loss of AGA dues income of at
> least $1K because of the arrangement to extend memberships. 
> 
> Let's review the original Nov 19 motion:
....
> purchase
> additional copies of PAM, up to a total number of 2000 inclusive of the
> exchange copies, for a per issue price not to exceed $2

Actually, I'm OK with David's response.  I don't see much difference
between 2000 and 3000 extra copies ($4k vs. $6k).  I was more worried that
we'd have something like $10-15k and 7000 copies sitting in someone's
garage. And of course, we only really need to sell about 1200 PAMs to
break even for the 3000 we are purchasing.  I'm not going to quibble about
an additional $2000 here.  Hopefully we are going to get the remaining 60
copies of Issue 2 so we can sell all eight as a set to the first 60 lucky
buyers... (see, that's 400 right there, 1/3 of our break-even).

   - Erik

-- 
Erik Olson
erik at thekrib dot com

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