We're Going to Pass, We'll Get Back to Em, George Would Get Back to Hem

"We didn't really want to be long term employees of whatever we 're working on," he says. The company's attrition was not terrible, but "we are slowly decreasing in all our numbers." George called them back, said, we're going to pass at this point and they came back the next day with a list of what it would take for him to consider an acquisition. They ended up giving us a term sheet at eight million dollars with two million holdback.