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Feb 29, 2012
02/12
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these cuts will be hard on all water systems but particularly small and underserved communities who need the funding the most. question -- the budget in brief expresses the intent of the administration to argue et srf assistance to small and underserved communities. how will you do that? >> it will require us to work with the states, as you know, mr. butterfield. and thanks for your comments. i agree that the recovery act changed the world for certain communities and we don't have the same legal authority to direct money. it goes through the states. we'll have to work through the states to change the prioritization system. we'll do that collaboratively but in a time decreasing resource, we have to look at the system which really could not through rate increases or any other way finance these infrastructure improvements. >> in the last congress this committee passed bipartisan legislation to reauthorize the srf. that legislation would have required states to provide some additional assistance to disadvantaged communities. unfortunately that bill did not become law. states once again have
these cuts will be hard on all water systems but particularly small and underserved communities who need the funding the most. question -- the budget in brief expresses the intent of the administration to argue et srf assistance to small and underserved communities. how will you do that? >> it will require us to work with the states, as you know, mr. butterfield. and thanks for your comments. i agree that the recovery act changed the world for certain communities and we don't have the...
SFGTV: San Francisco Government Television
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Feb 21, 2012
02/12
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SFGTV
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this is a public-private agreement between wells fargo and the city to target the underserved neighborhoods. also, the wells fargo fund is a loan to the city that requires repayment. after the initial loans are made, in five years they would have to be repaid to wells fargo. regarding the administrative fee, this is a onetime fee. they will be not only administering the revolving loan fund, they would include technical assistance to all of the borrowers and applicants before, during, and after the loan is made. this would be for a term of five years and, pretty much in perpetuity of the revolving loan fund, which working solutions was able to provide for this amount of capital. the three major needs for recapitalizing or the following -- there is definitely a demand for this capital. working solutions received 25 loan agreements per month, alone. at $25,000 average per month, that would be more than half of the million dollars in financial requests. no. 2, that this part, this recapitalization is a critical component of our nation district -- of our districts strategy. we definitely need mo
this is a public-private agreement between wells fargo and the city to target the underserved neighborhoods. also, the wells fargo fund is a loan to the city that requires repayment. after the initial loans are made, in five years they would have to be repaid to wells fargo. regarding the administrative fee, this is a onetime fee. they will be not only administering the revolving loan fund, they would include technical assistance to all of the borrowers and applicants before, during, and after...
SFGTV: San Francisco Government Television
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Feb 5, 2012
02/12
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the bayview area is a traditionally, historically, underserved area. it is also the home to a very, very different areas. [bell rings] i was in the u.s. navy for 12 years and at the vallejo naval shipyard for two years. i was at hunters point on the ship and saw the kind of things that the discharge into the water, and i know the kind of things the navy does and the cleanup these messes. and sometimes it cannot do very good job. all the complaints being listed here, i think would be done at 10 times over if these are publicly held meetings and aggrandized so that the members of the public would really understand that their interests are being impacted bu. supervisor cohen: thank you peter to the city attorney, was this item properly engine dies? >> today's meeting? supervisor cohen: yes. >> the clerk, i believe, posted the notice. supervisor cohen: is there room for discrepancy as to whether or not it has been properly noticed? >> as long as the clerk posted where she was required to do and send it to the appropriate people -- i did not do that activit
the bayview area is a traditionally, historically, underserved area. it is also the home to a very, very different areas. [bell rings] i was in the u.s. navy for 12 years and at the vallejo naval shipyard for two years. i was at hunters point on the ship and saw the kind of things that the discharge into the water, and i know the kind of things the navy does and the cleanup these messes. and sometimes it cannot do very good job. all the complaints being listed here, i think would be done at 10...
SFGTV2: San Francisco Government Television
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Feb 3, 2012
02/12
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you have demonstrated to courage and advocation for this nation and more -- most historically underserved. especially in these economic times. you are this nation's greatest hope as we educate children into the future of this nation. we are passionate about education and are delighted to continue our support and commitment for alas. we were the first to say yes to the leadership academy. we listened, responded, and learn from you. we are in the middle of a transformational. . -- period. achievement for all students is our common goal. regardless of background, nationality, language, or economic status. promethean and the mexican government are collaborating opportunities to deepen, strengthen, and improve primary and secondary education in mexico. the possibility of sharing real time space information for support of student learning, regardless of their location. this summer, the power of the math program by an indiana delivered a dynamic learning environment determined by individual students' learning progression. imagine, real time assessments and the real time intervention for every st
you have demonstrated to courage and advocation for this nation and more -- most historically underserved. especially in these economic times. you are this nation's greatest hope as we educate children into the future of this nation. we are passionate about education and are delighted to continue our support and commitment for alas. we were the first to say yes to the leadership academy. we listened, responded, and learn from you. we are in the middle of a transformational. . -- period....
SFGTV: San Francisco Government Television
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Feb 6, 2012
02/12
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a major component of the leadership program was to work with students that come from underserved backgrounds and give them opportunities to gain experience. in conclusion, we support what the event authority has been doing and we are excited about what they have been drafting out and they will continue their strong efforts with the workforce development plan. thank you. >> thank you very much. >> i need second director of the san francisco conservation corps. we've established in 1983 with civic leaders and the help of its mayor to provide low income and a very low income will -- very low income adults the community to earn their high school diploma, and prepare for the world of work for post secondary education. 80% of our young people do not have their diploma and most of them have little or no job experience. more than 4000 adults have performed more than 4 million hours of community service projects all of the city. since 1988, we have helped the city reached its recycling and waste goals with a grant from the state of california. since 2008, we established a program to provide the zero
a major component of the leadership program was to work with students that come from underserved backgrounds and give them opportunities to gain experience. in conclusion, we support what the event authority has been doing and we are excited about what they have been drafting out and they will continue their strong efforts with the workforce development plan. thank you. >> thank you very much. >> i need second director of the san francisco conservation corps. we've established in...
SFGTV: San Francisco Government Television
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Feb 15, 2012
02/12
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SFGTV
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definitely need more economic tools to help the small businesses in the economic ever heard, especially underserved neighborhoods. we will be working with district 11 organizations, such as caa and the filipino community center, to see the needs in those areas, targeting financial assistance help. the third is -- they're definitely needs to be a volume of capital to launch this fund again. in 2009, there were 283 inquiries alone right after the launch. that is $7 million in requests just a few days after hearing about the fund. revolving loans today are close to $200,000. the relaunch would not be able to satisfy the citywide needs. we do have an outreach and marketing plan. we will be getting the word out. our neighborhood partners in economic development organizations, like urban solutions and the renaissance center, we will also be working with the new jobs plug. this is the initiative to be an extension of the small-business center to reach out to neighborhood and commercial businesses. part of the wells fargo plan would be for our managers, part of the office of economic work force development
definitely need more economic tools to help the small businesses in the economic ever heard, especially underserved neighborhoods. we will be working with district 11 organizations, such as caa and the filipino community center, to see the needs in those areas, targeting financial assistance help. the third is -- they're definitely needs to be a volume of capital to launch this fund again. in 2009, there were 283 inquiries alone right after the launch. that is $7 million in requests just a few...
SFGTV2: San Francisco Government Television
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Feb 7, 2012
02/12
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SFGTV2
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to give you a sense of who we reach, we are really seeking to lind to traditionally underserved communities. for example, 35% of our borrowers are hispanic or latino. 22% african-american. 60% free mail, and 30% immigrant. -- 60% female. types of businesses -- we will make loans as small as $500 and as large as $100,000. they can range from home-based very small businesses like child care, people selling in the flea market, on up to janitorial, landscaping, restaurants, dry cleaners, and in some cases, small manufacturers. we sometimes bridges of it in even larger transactions if we think there's community benefits, we might wind collectively with the city's working solutions fund or with another lender. so far, -- and we work throughout the bay area. we work in four bay area counties, said francisco obviously being one of the importance, but also said the clara, san mateo, alameda. we have laid out over $15 million to bay area businesses with a medium loan size of about $7,000 -- median loan size of about $7,000. who do we work with? principally, we want to work with businesses that have a
to give you a sense of who we reach, we are really seeking to lind to traditionally underserved communities. for example, 35% of our borrowers are hispanic or latino. 22% african-american. 60% free mail, and 30% immigrant. -- 60% female. types of businesses -- we will make loans as small as $500 and as large as $100,000. they can range from home-based very small businesses like child care, people selling in the flea market, on up to janitorial, landscaping, restaurants, dry cleaners, and in...
SFGTV: San Francisco Government Television
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Feb 21, 2012
02/12
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seekers and financing policies to create more equal opportunities for minorities, women, and other underserved populations. there have been many expressions of good faith with respect to america's cup hiring locally. however, our research in the city -- our research and experience show that good faith is not enough. to deliver on its promise, in our view, the landmark local hiring legislation promotes compliance instead of good-faith steps. this must be fully embraced. otherwise, we anticipate the promise of local jobs will be empty. local hiring legislation must be clearly agreed to in writing by the event authority and the city. thank you. >> good evening. my name is jackie flan, with the randolph institute. we are a community-based organization focused on improving lives and traditions of residence in disadvantaged communities by providing educational and employment services to san francisco residence. i appreciate the communication with the event authority through jennifer and mike. they met with us last week with community representatives as well as labor representatives to hear our conce
seekers and financing policies to create more equal opportunities for minorities, women, and other underserved populations. there have been many expressions of good faith with respect to america's cup hiring locally. however, our research in the city -- our research and experience show that good faith is not enough. to deliver on its promise, in our view, the landmark local hiring legislation promotes compliance instead of good-faith steps. this must be fully embraced. otherwise, we anticipate...
SFGTV: San Francisco Government Television
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Feb 5, 2012
02/12
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area which we know historically, anybody in this chamber would have a hard time to nine have been underservedesented. and yet, the members of that committee were denied the ability to participate because the announcement that went out about this was so obscure and so are obtuse and so evasive, most of them probably had no idea. in fact, at least half a dozen people got up at the meeting and said "i only heard about this because someone told me to come." unfortunately, i am even going to go into the responses i got because they were kind of nonsensical, what i am going to say is that the buck stops here. i see the same attitude at the arts commission, who have seemed to have forgotten the fact that the arts commission is dealing with public art. i see the same attitude at the library commission, where the library commission fails to recognize the fact that they are dealing with the public library, and when you go to those meetings, what you see is in the chamber right now, most of the people not making eye contact, working on their laptops, working on their cell phones and doing everything but
area which we know historically, anybody in this chamber would have a hard time to nine have been underservedesented. and yet, the members of that committee were denied the ability to participate because the announcement that went out about this was so obscure and so are obtuse and so evasive, most of them probably had no idea. in fact, at least half a dozen people got up at the meeting and said "i only heard about this because someone told me to come." unfortunately, i am even going...
SFGTV: San Francisco Government Television
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Feb 19, 2012
02/12
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SFGTV
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i know that a supervisor campos -- that supervisor campos asked about underserved areas with the small business commission. one of the issues with that is a lot of those people are retailers and are in their stores running their businesses and do not have time to come to meetings like this. pete understands that. retailers understand that. in terms of reaching out to those people, he brings a perspective that will be important because he does it himself. he understands that, and i believe that with all the magnificent candidates that you have that having someone who is on the retail side -- remember that small independent retailers are job creators in the city -- would be very helpful and important on this commission. thank you very much. >> good afternoon. my name is patricia rodriguez. i am year to support william ortiz. i've known william for a long time and i know of his past, coming from the mission, what he has been through. i believe that he would be a good candidate for the commission. he would be a good example to the latino community as to how far you can come through in the
i know that a supervisor campos -- that supervisor campos asked about underserved areas with the small business commission. one of the issues with that is a lot of those people are retailers and are in their stores running their businesses and do not have time to come to meetings like this. pete understands that. retailers understand that. in terms of reaching out to those people, he brings a perspective that will be important because he does it himself. he understands that, and i believe that...
SFGTV: San Francisco Government Television
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Feb 15, 2012
02/12
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SFGTV
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i should speak on this, but as far as supervisor avalos talking about expanding this program to underservedcommunities and things of that nature, and the last speaker was talking about technical suggestions, and they do not work by themselves. there is a collaborative tbilisi year in the san francisco metropolitan area that educate people about these programs and services and provide them with technical services to qualify for these loans, and if they do not get these services, they cannot do that. the small business center is grossly underfunded and spread and normally -- thin. if they were given more resources and allowed to expand their services to these market areas, that these organizations will qualify for these loans, and they would get them and be able to do what it takes to keep their businesses sustainable, so i think that is a good thing to look at. i think this is very important to the community. san francisco has the largest rate of cell phone point entrepreneurs of any metropolitan area in the united states, and i think this is one of the reasons why. chair chu: thank you. are
i should speak on this, but as far as supervisor avalos talking about expanding this program to underservedcommunities and things of that nature, and the last speaker was talking about technical suggestions, and they do not work by themselves. there is a collaborative tbilisi year in the san francisco metropolitan area that educate people about these programs and services and provide them with technical services to qualify for these loans, and if they do not get these services, they cannot do...
SFGTV: San Francisco Government Television
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Feb 5, 2012
02/12
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thanks for bringing much- needed attention to this underserved segments of our community. >> i will read a few more names. marilyn hayward, dougles yep, and other speakers. >> i am a member of the health commission and an officer of the coalition of agencies several of the elderly. since the beginning like many kids have a service agencies, we have been serving lgbt seniors and helping them maintain their health and independence. we learned how to make services appropriate. maximize consumer choice and a scheurer cultural compensate and make sure that client satisfaction measures are followed. maximizing consumer choice is important with food. the type of food, how you get it, how it is delivered. at the health department we designed help the san francisco so people could choose their own medical home. they could find out where they feel comfortable. i am the order of the ihss medical authority. the allow people to choose the person coming in to their home. some settings are where trace is not a possibility. as we heard, -- in areas like that where there is no choice, you have to assure
thanks for bringing much- needed attention to this underserved segments of our community. >> i will read a few more names. marilyn hayward, dougles yep, and other speakers. >> i am a member of the health commission and an officer of the coalition of agencies several of the elderly. since the beginning like many kids have a service agencies, we have been serving lgbt seniors and helping them maintain their health and independence. we learned how to make services appropriate. maximize...
SFGTV: San Francisco Government Television
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Feb 15, 2012
02/12
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SFGTV
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eye 112
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this is a public-private agreement between wells fargo and the city to target the underserved neighborhoods. also, the wells fargo fund is a loan to the city that requires repayment. after the initial loans are made, in five years they would have to be repaid to wells fargo. regarding the administrative fee, this is a onetime fee. they will be not only administering the revolving loan fund, they would
this is a public-private agreement between wells fargo and the city to target the underserved neighborhoods. also, the wells fargo fund is a loan to the city that requires repayment. after the initial loans are made, in five years they would have to be repaid to wells fargo. regarding the administrative fee, this is a onetime fee. they will be not only administering the revolving loan fund, they would
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Feb 14, 2012
02/12
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CSPAN3
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devoted his life to trying to make the law work for those he represented the underprivileged and the underserved. he stood up for those kicked off their land by greedy and corrupt officials and developers. he stood by factory workers, protesting low wages and long hours. he spoke out for persecuted prosecutors. in stark contrast, chinese authorities showed no concern for mr. gao's rights or the law. they disbarred him, jailed him. they have tortured him and somehow made him disappear. chinese authorities have used him to send a chilling message to other would-be human rights defenders. stay quiet, don't challenge us, don't hold us accountable or else. mr. gao himself would say his case is more than just his own experience. as he wrote in his book, a china more just. behind each case in china are systematic problems. those -- from the problems mr. gao has faced, the utter disregard of rule of law by his party and communist party, we see why our nation faces so many systematic problems with china today. mr. gao's case and the kays he worked on showed us how easily it is for chinese officials to ch
devoted his life to trying to make the law work for those he represented the underprivileged and the underserved. he stood up for those kicked off their land by greedy and corrupt officials and developers. he stood by factory workers, protesting low wages and long hours. he spoke out for persecuted prosecutors. in stark contrast, chinese authorities showed no concern for mr. gao's rights or the law. they disbarred him, jailed him. they have tortured him and somehow made him disappear. chinese...
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Feb 28, 2012
02/12
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WMAR
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the program is designed to include access to care in underserved communities and also reduce overall health care costs. >>> news from around the nation. sir veilance cameras catch -- surveillance cameras catch tee two men going into a bank leek two employees tied out but police say one of the robbers is a regular substitute teacher at a oklahoma middle school and passed a national and state background check. the district says they nownotified parents of the responsibility. >>> the federal prisoners may be able to listen to music on ipods or mp 3 player. they are testing the idea by allowing pisers in at a woman's prisoner in west virginia. there will be 200,000 for inmaids nationwide and they would -- inmates nationwide and they would a chews from a million approved songs to help -- choose from a million approved songs to help deal with board dom and idolness. >>> a great white snow shark was spotted in the streets of madison wisconsin. the builders say the only threat to this shark presents is if would melt. there it is. >> land shark. >>> >> all right. >> people are stopping by and
the program is designed to include access to care in underserved communities and also reduce overall health care costs. >>> news from around the nation. sir veilance cameras catch -- surveillance cameras catch tee two men going into a bank leek two employees tied out but police say one of the robbers is a regular substitute teacher at a oklahoma middle school and passed a national and state background check. the district says they nownotified parents of the responsibility. >>>...
SFGTV: San Francisco Government Television
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Feb 5, 2012
02/12
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people in this room know that there are thousands of older lgbt people right now out there that are underserved because they do not trust services. many of them are going back into the closet as we have heard because they depend or live with people who may not be accepting of them. it is an historic opportunity to create a city here starting today where my partner and i can say yes, we're growing older, and we're starting to need some help but it is ok. we live in a place where it will always be safe to release the ourselves and never hide our love for our lives. thank you. -- or our lives. supervisor wiener: next speaker. >> congratulations, madame delonte. -- olague. i would like to all of us consider not just what services we can provide but what kind of structural changes can we support that removed the obstacles from the beginning. i recall when this board passed the act against eviction. 25% were in the castro. passing that legislation was one of the most successful ways of preventing homelessness in housing and stability for the lgbt community. we now have enough history behind us to kno
people in this room know that there are thousands of older lgbt people right now out there that are underserved because they do not trust services. many of them are going back into the closet as we have heard because they depend or live with people who may not be accepting of them. it is an historic opportunity to create a city here starting today where my partner and i can say yes, we're growing older, and we're starting to need some help but it is ok. we live in a place where it will always...
SFGTV: San Francisco Government Television
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Feb 18, 2012
02/12
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SFGTV
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the second phase of the grant will be to take six corridors in six underserved neighborhoods, which aremarily city streets. the idea is to pick the most logical ones and the most billable ones, if you will, to turn into these kinds of green corridors. it is an interesting process, and we are fortunate to get this grant, and it is something that grew out of the open space element workedç and was identified as a next phase of work for city-wide open space. i did want to mention briefly that regarding the sell tower issue, we have been in discussions with the department of public health and the department of technology. they are not being cooperative in helping us think through their sides of this issue, namely the public health issues and the capacity and coverage ççissues and we are continuino work with them on beefing up that side of the process, if you will. so that they can do the same kind of analysisç. we will
the second phase of the grant will be to take six corridors in six underserved neighborhoods, which aremarily city streets. the idea is to pick the most logical ones and the most billable ones, if you will, to turn into these kinds of green corridors. it is an interesting process, and we are fortunate to get this grant, and it is something that grew out of the open space element workedç and was identified as a next phase of work for city-wide open space. i did want to mention briefly that...
SFGTV2: San Francisco Government Television
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Feb 3, 2012
02/12
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the american jobs act would invest $5 million in underserved communities. our goal is to make it easier for low income latino youth to get summer employment so they can acquire the skills needed for a long-term careers. the recovery act provided more than 367,000 summer jobs at -- summer jobs opportunities. but that opportunity is gone. the offer a lifelong employment skills. the president's pathway back to work fund will bring the program back and provide support to offer summer jobs for low-income youth in 2012. these are just a few of my priorities in washington as we fight for the future of latinos in the future of our educational system. to all my friends at alas, i am so happy that you are on the front lines of this fight. together we will secure a better future for our young people, the latino community in this great country. think you for this opportunity to speak with all of you. please keep up the great work and have a wonderful conference. [applause] >> gracias, secretary. anyway, -- we just want to introduce someone, because they are important.
the american jobs act would invest $5 million in underserved communities. our goal is to make it easier for low income latino youth to get summer employment so they can acquire the skills needed for a long-term careers. the recovery act provided more than 367,000 summer jobs at -- summer jobs opportunities. but that opportunity is gone. the offer a lifelong employment skills. the president's pathway back to work fund will bring the program back and provide support to offer summer jobs for...
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Feb 12, 2012
02/12
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MSNBCW
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you are capitalizing on an opportunity probably underserved right now. there's would things you said that i would just want to think a little bit about. pitch for $500,000 sounds like a lot. that would be valuing the company at $1.5 million. is the business worth $1.5 million today? are you asking -- giving away too little? or is the company asking too much in capital? the other thing that made me a little bit nervous in the pitch was it felt like you are a vp manufacturing, vp of sales, vp of marketing. you sort of don't want to boil the ocean. pick, you know, perhaps it is the design you want to win at. and maybe you can find partner help with the other stuff or just find other stores to carry it and don't spend as much time on the web. but pick sort of what part you are going to be sort of -- going to really own. if -- be good at. >> great advice. >> i love the story that you -- that you created from yourself. it is about you, representing 40 million other women. you set out for market size which is fantastic. what i want to hear is how you are going
you are capitalizing on an opportunity probably underserved right now. there's would things you said that i would just want to think a little bit about. pitch for $500,000 sounds like a lot. that would be valuing the company at $1.5 million. is the business worth $1.5 million today? are you asking -- giving away too little? or is the company asking too much in capital? the other thing that made me a little bit nervous in the pitch was it felt like you are a vp manufacturing, vp of sales, vp of...
SFGTV2: San Francisco Government Television
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Feb 1, 2012
02/12
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SFGTV2
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we want the digital inclusion program to make sure we address the needs of underserved vulnerable communitiest communities that are already very tech savvy. we are here to provide a, b and c to the seniors. a stands for access. b stands for basic skills and c stands for content. and unless we have all three, the monolingual chinese seniors are never going to be able to use the computer or the internet. >> a lot of the barrier is knowledge. people don't know that these computers are available to them, plus they don't know what is useful. >> there are so many businesses in the bay area that are constantly retiring their computer equipment that's perfectly good for home use. computers and internet access are helping everybody in the community and people who don't have it can come to us to help with that. one of the biggest problems we see isn't whether people can get computers through programs like ours, but whether they can understand why they need a computer. really the biggest issue we are facing today is helping people understand the value of having a computer. >> immediately they would say
we want the digital inclusion program to make sure we address the needs of underserved vulnerable communitiest communities that are already very tech savvy. we are here to provide a, b and c to the seniors. a stands for access. b stands for basic skills and c stands for content. and unless we have all three, the monolingual chinese seniors are never going to be able to use the computer or the internet. >> a lot of the barrier is knowledge. people don't know that these computers are...
SFGTV: San Francisco Government Television
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Feb 5, 2012
02/12
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part of the process of making sure that this community does not remain one of san francisco's most underservedmunities. so i encourage you to support this legislation. thank you. supervisor cohen: thank you. >> honorable supervisors. thank you so much for hearing this matter today. musri the executive director of the san francisco child abuse prevention center and a partner in developing the center for use wellness in the children's advocacy center of san francisco, which will be operated by the san francisco shot prevention center. i know you have received many letters of support and information about this matter. we have some additional information that i would like to provide to you today. i am here today in strong and enthusiastic support of supervisor cohen's legislation which will allow our community to create the first-ever center for youth wellness and children's advocacy center. this partnership will help thousands of children across the city for generations to come. as you heard from the dean, our dream is that san francisco will ensure that kids across the city will stop being victi
part of the process of making sure that this community does not remain one of san francisco's most underservedmunities. so i encourage you to support this legislation. thank you. supervisor cohen: thank you. >> honorable supervisors. thank you so much for hearing this matter today. musri the executive director of the san francisco child abuse prevention center and a partner in developing the center for use wellness in the children's advocacy center of san francisco, which will be operated...
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Feb 18, 2012
02/12
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MSNBC
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you're capitalizing on an opportunity that's probably underserved right now. two things you said i would want to think a little bit. pitch for $500,000 sounds like a lot. that would be valuing the business at $1.5 million. is the business worth $1.5 million today or are you giving away too little of the company or asking too much in capital? the other thing that made me a little nervous in the pitch was it sort of felt like you were vp of manufacturing, vp of design, vp of sales. that is a little bit of the entrepreneur's job but you don't want to boil the ocean. you want to pick -- perhaps it's the design you really want to win at. you can either find a partner to help with the other stuff or find other stores to carry it and don't spend as much time on the web but pick what part you're going to really own and be really good at. >> and stella? >> great advice. i love the story that you created, from yourself. it's about you. you're representing 40 million other women. you set out the market size. just fantastic. what i want to hear is how are you going to set
you're capitalizing on an opportunity that's probably underserved right now. two things you said i would want to think a little bit. pitch for $500,000 sounds like a lot. that would be valuing the business at $1.5 million. is the business worth $1.5 million today or are you giving away too little of the company or asking too much in capital? the other thing that made me a little nervous in the pitch was it sort of felt like you were vp of manufacturing, vp of design, vp of sales. that is a...