(PM) Re: Meeting with Jay

Stephen Fisher (lithium@cia-g.com)
Tue, 21 Jul 1998 20:07:08 -0600

On Tue, Jul 21, 1998 at 05:19:54PM +0000, Shirley Miller wrote:

> I had a meeting with Jay this afternoon. We have to cone up with the
> absolute maximum we are willing to give to get rid of Ken. Money wise and

We shouldn't have to give any more to get rid of him.. we already gave him
more than we should have.

> other wise. The minimum is Ken pays us $6000.00 or so in our costs to run
> his business so far. Ionta has not seen the cost sheet I put together. I

That's good..

> do have a note from Ken to Ionta claiming the value of his bandwidth that
> we promised him is $5600.00 and he would take that as settlement. From

HAHAHA! That's close (though lower) than the value of the bandwidth we HAVE
given him -- our T1 (most ISPs charge $1500-$2500 or more a month for
that!).

> the Stock Redemption Agreement He gets service at our cost not free as he
> seems to be assuming. I did say that we will provide him with access for
> one year at $100.00 per month as he is paying for the 56Kbs to US West. At
> the end of that year he must find another provider. His service will
> terminate on that date no matter what.

Sounds good.

-- 
 - Steve
  - Systems Manager
  - Community Internet Access, Inc.
  - Gallup and Grants, New Mexico
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