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Ballard Power Systems Inc. Message Board

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  • ilikeembrown ilikeembrown Nov 10, 2011 1:43 PM Flag

    OT: Made a hit

    Bill, I met you a while back when you consulted for Textron Specialty Materials. While I like you, respect, and agree with most of your opinions, your shameless bragging in your post is unneccessay It makes poor working slobs like me envious, and envy is an unpleaseant emotion. Next time, keep that $HI^ to yourself. Thank You. And BTW, the family in front of me in line at Shop&Save thanks you for the food stamps they used to buy 50 cans of food. They know how hard you worked to earn the money that was taxed to pay for it.

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    • I apologize if you took it the wrong way. That was not my intention.

      Textron was my favorite client. They always treated me very well. If I was in Boston visiting them, they would always take me to a Bruin game, Red Sox game, etc. And most importantly they paid their bills in a very timely manner. And finally the people were aces too.

      Here's another put. I have started a company by obtaining the rights to a certain technology. I personnally think it is the best consumer product invention in a long time. Everyone I have presented it to wants one or two or wants to use them in construction. We have done the design, made prototypes, and lined up manufacturing in China. We cannot however obtain a patent so the market will eventually be wide open so we have to focus on a simple design and keeping costs down. We are looking for an outside investor to put up $250,000 for 1/3 ownership. I think the company could be worth about $10M without patent protection. Probably 5X that with patents.

      The goal is to start the company and get it going and sell it. I really have no interest in running a company. Besides I have other projects that need attention.

      Regards

      Bill

      • 1 Reply to william_tarasen
      • I do like you, respect you, and agree with almost all of your opinions. If I had two nickles to rub together I would love to enter a business venture with you. I also have some ideas. One is for a consumer item, the other a toy. The first may be patentable. But, alas, I do my 7:00 to 5:00 and then go home and give all my quality time to my two baby boys and my cronicly PO'ed woman.

    • ilikeem,

      While you may think Bill was 'shamelessly bragging' about a very fortunate hit on an investment, I am happy for him. It takes a lot of studying the market, researching the companies and placing a well timed bet to stand a good chance of being rewarded. Reward is a good thing. When it pays off I don't think noting your good fortune occasionally is a problem at all. We all hope we can hit the big one some day.

      I ran across a great thought to contemplate... How do you know when you are 'rich'? You know when you are have donated to a charity. Then you know you have all the wealth you need...

      Regards,

      JJ

    • BTW, another consideration. My wife has MS, and as such she takes Avonex, a weekly shot I administer. The cost is approaching $40K per year. Fortunately our current health care plan covers 75% of that. However, no socialized system pays for it, and barrycare is a few years away.

      So in addition to retirement savings, I have to save to keep my wife from being an invalid. Which is why after I retired in 2000, I went back to work. I need a few large hits or a home run. I want the aforementioned company to set up a 419 af6 account to simply pay for my wife's drugs. We all work for something. That is my goal in life.

      Regards

      Bill

    • Don't thank willie for the food stamps. He has bragged on this board that he doesn't pay taxes. And we all know he would abolish them along with soc. sec. & medicare in a minute.
      His priviledged education at a private boarding school explains his frequent deriding of public school education.

 
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