Myself

Text Message

To: Marketing Manager Dana

From: Beth Phillips

Subject: JJJ Company Review

The accounting department was given an assignment of looking at the financial well being of the JJJ Company. We were given this task to see if the Riordan Manufacturing Company would be making a wise decision to acquire the JJJ Company. While doing the review of the JJJ Company, we realized that the sales are sporadic and that great sales are followed buy recessions.

After careful consideration, we have chosen not to recommend moving forward with the plans for Riordan Manufacturing Company to purchase the JJJ Company at this time. The Committee did review all the financial records. During the review of the JJJ Company’s financial records the accounting department has realized that the company is not doing as well as we may have thought. The future of the company looks bleak. The company has shown good sales in the past, but the sales in the future do not look very promising. The company lacks consistent profits in the past. Bringing on the JJJ Company would put the Riordan Manufacturing Company in debt more than the company is able to handle at this current time.

We understand that you and your department have been working with Mark and the sales department. The accounting group also understands that your team and Mark’s team were excited about the possibility of new marketing channels that would have been available to you from acquiring the JJ Company and the sales that may have been generated. The sales for JJJ Company have not been the best for the past year. It needs to be assumed that the lack of sales reflects on bad marketing of the company’s goods. With the changes that your department has been going through and your fresh look on the marketing department, we believe that you will be able to get the new marketing channels and move our company to a new market of consumers.