I agree, this is just a word dance. They asked for 40mil... they certainly would have taken it. If do want to look greedy... then don't be greedy. It is not acceptable (especially when dealing with contracts) to be "just kidding around."
Fubar,
Please see my response above about the way in which the discussions transpired. There were no "negotiations" with The Ford Motor Company. For 20+ years I have been president of a company. John Sadler has owned a company for 25+ years. Brady Pack has been in a situation which has required negotiation for 20+ years. It is my belief that our combined negotiation skills allowed us to understand what we thought was fair and reasonable. We asked for it in business-savy ways. Ford would not deal.
It is my thought, and mine only, that Tom Scarpello told the people at Ford that he could get the job done with these "hicks" for little money, i.e., $100,000-$250,000. When we would not sell for that amount, he told his management that we were unreasonable, would not settle for the $5million that he offered, etc.. That never happened. Ford
never would and never did offer us anything in writing. We did discuss "what ifs" offered by Scarpello, however, he would never put it in writing.
Anything that anyone hears from someone who "knows" that differs from the above, is not correct. I was in the room.:frown
Bob Wood