Monday, October 6, 2008

Sound Investing...

I just received this advice from the theater we subscribe to...


TO: All Woolly Mammoth Investors

FROM: Howard Shalwitz, CEO & Jeffrey Herrmann, COO

Washington, DC • October 3, 2008

As the U.S. Government plans a financial bailout of historic proportions, we write to assure you that Woolly Mammoth Theatre Company remains solvent and your investments in our institution secure.

We ended our most recent fiscal year with a modest surplus, thanks to strong 4th-quarter sales and a careful eye towards expenditures.

Meanwhile, our recent investments in R&D have served to replenish our inventory and diversify our product line. And several of these new additions – DEAD MAN'S CELL PHONE, THE K of D, and STUNNING – have recently been re-purchased by other firms and sold to audiences across America. We have steered clear of sub-prime liabilities precisely because of this commitment to investing only in quality properties and employing the most creative and skilled workers to develop them here in our state-of-the-art facility.

Further, we have maintained our investments in our local community to ensure that demand for our line of products remains strong. And, in partnership with firms like The SEED School, Metro TeenAIDS, Univ. of Maryland, and The Corcoran School, we continue to develop the workforce of the future.

Next year will mark our 30th year in business, and we are proud of our past accomplishments and our present stability during this turbulent time. Still, we remain fundamentally dependent on our investors to provide us with the funds we need to pursue our mission with confidence and vigor. This year we have set an ambitious goal of raising $350,000 in capital.

We hope you will maintain Woolly Mammoth Theatre Company in your portfolio of investments with the confidence that your dollars will generate rich dividends – payable in provocation, laughter, and surprise – for years to come. Together, we can continue to lead our industry and electrify our customer base with the most innovative line of theatrical products available for consumption in America.

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