Laserfiche WebLink
DARTMOUTH <br /> Business Partners, LLC <br /> Turnkey management&performance improvement consulting <br /> 411) <br /> June 18, 1999 <br /> Mr. Paul Steinman <br /> Economic Development of Elk River <br /> 13065 Orono Parkway <br /> PO Box 490 <br /> Elk River, MN 55330 <br /> Dear Paul: <br /> The rent check for June is included with this letter along with the April financial <br /> statements. <br /> You will note from the financial statements that we have had little commercial activity <br /> year-to-date; however, we have completed all of the marketing tools that are included in <br /> our plan and are ready to implement a targeted marketing effort. We believe we have <br /> located a modest amount of additional funding to at least test the concepts that we <br /> • described at the review meeting last month. <br /> As we mentioned in the review meeting, we have entered into a call center and fulfillment <br /> agreement with a Brooklyn Park company to handle all of the order processing and <br /> shipping activities. Alltool Manufacturing in Elk River will be manufacturing, assembling <br /> and packaging the StepMateTM product and sending it to the fulfillment center. Therefore, <br /> it appears that we will not be needing the incubator space and would like to begin <br /> discussions to vacate the property as soon as possible. Nearly everything has been <br /> removed from the facility. We believe that we will meet the spirit of the agreement with <br /> the various development groups through the relationship with Alltool. <br /> Please give me a call at your convenience at 474-5332 to discuss this further. <br /> Best regards, <br /> Stephen C.Martin <br /> CC: Nick Stockwell <br /> attachments <br /> • <br /> 15500 Wayzata Boulevard • Suite 1018 • Wayzata, MN 55391 • 612-249-0210 • Fax 612-249-0250 <br />