When A Door Closes...

I can't believe it! I almost did it again. It's now over two years since my last blog post. All of a sudden, I find the urge to write about something today. Actually, I don't have a specific thing in mind so I guess we'll just go with the flow. I remember the last time I posted something was back when I barely have enough time to write about something. On the contrary today, I was inspired by not having anything to do at all. I hate to admit it, but it is what it is. I have been officially a "BUM" for almost 3 weeks now. But I have to say it's not my fault (like every other bum would say). I was merely a victim of corporate something something...you know what I mean. In my defense (why am I defending myself anyway?), the company I used to work at is now "technically"closed. I say technically because the company or entity still exists but there are no more employees (except for our CEO I think). How did this happen? Here's what happened...

Earlier this year, there is one relatively "big" company that agreed to purchase the company I used to work at. We were led to believe that the sale of the company to this other company is the best option for everyone including the board members. We'll get new funding, our stocks will be worth a lot and we have the option to convert it to the new stocks which are currently publicly traded, and we will be offered a position and possibly with better compensation by the new company acquiring us. Well as it turns out, the company trying to purchase us is as cheap as chips and is extremely stingy. They actually laid off quite a few employees of their own and had to sell their "international" division (there's no other division) which were all happening while they still try to buy our company. This company even caused us about a month delay on our paychecks! Imagine living paycheck to paycheck and not getting two! Something is clearly not right. I guess this is some tactic that they normally use to drive down the purchase amount of our company to where they wanted it (out of our desperation). Of course like a virgin, we did not give in right away, which unfortunately resulted to changing the terms of sale to become just an "asset" purchase. They are not buying the whole company anymore but just the assets of the company. Just like that, our eggs became addle (more like century eggs).

There are a lot of details to this transaction that I still don't understand (and honestly don't care anymore) but what was clear is that the company had to lay off all of us in order to proceed with the transaction but still failed to close the deal on the anticipated time period (that's eggs in their faces). So now, we didn't get any funding, our stocks are worth nothing and our jobs - well, we're still looking. In short, eggs, eggs, eggs. I guess never count your chicks if you don't have any eggs or whatever (too many egg references now). Well the good thing is that I got approved for unemployment benefits which is at least more than enough to pay my rent and keep me going.

Life goes on and you'll never know what's going to happen. You can anticipate things but it will never be 100% guaranteed. We just need to be positive and hope for the best. As the saying goes, "when a door closes, it will break your heart!"