I know I haven't been around much, but my real estate career and real life has kept me quite busy.
But something amazing happened today that has prompted me to comment.
Today, the Canadian dollar reached parity with the US dollar. Briefly today, a $1 CAN = $1.0003 USD.
In the past 5 years, the Canadian dollar has risen 62% against the US dollar.
5 years ago, GoO started to run into financial difficulties ... partly due to the strength of the loonie, partly due to my inability to run the company profitably. I kept holding on, though, thinking it would get better.
Imagine if I had tried to hold on until now: a 62% loss in income after converting US sales to Canadian income.
Let's say that GoO grossed $500,000 USD each year in business. That's close enough for illustration purposes.
$500,000 USD used to give the company $810,000 CAN. Now it would give us only $500,000 CAN.
Without any loss of sales or decreased production, GoO may have lost over THREE HUNDRED THOUSAND dollars a year if we kept trying to publish.
I love GoO. I love BESM. But folding the company was the best decision I could have possibly made.
I only wish that I saw the light a couple of years earlier and managed to exit the gaming industry with more grace than I was forced to do.
Though sad about the loss of a company very dear to me, I and my family are much, much happier now. I wish I could have the best of both worlds.
Now if there was just a way for Arthaus to keep the BESM line running strong....
Thanks for listening.