We got a great result for creditors and the company. We were also able to hang onto some other assets at the company that the bidders were prepared to let us hang on to.

In view of the intense interest by credible buyers, we do not intend to have a stalking horse before the commencement of the auction.

The things that changed aside from the purchase price were contractual terms relating to certainty of closure. It was clear that there was a very, very strong interest in the company.

We've really never been a perk company.

We're moving toward being a billion-dollar company, and we needed to formalize our development like other large companies do and not rely on the on-the-job training I had. These are things that are critical to running our business but aren't things you naturally learn in law school.

Individual performance/company performance is linked closely to shareholder return.