The 1 th Connecticut GaZ Lesbian Film Festival
Transcription
The 1 th Connecticut GaZ Lesbian Film Festival
&200(17$5,(6 -ʲȪS̊ͨU̙Ⱥ&Ȝ̢UΝS .JTTJPO4UBUFNFOU )LQHU7KLQJV0DJD]LQHZLOOEHDUHPDUNDEOHPDJD]LQHVXLWDEOHIRUDOODJHVZKLFKVKRZFDVHVDYDULHW\RIHPR WLRQVWKDWRFFXULQWKHJD\OHVELDQELVH[XDODQGWUDQVJHQGHUFRPPXQLW\7KHSULPDU\IRFXVHVRI)LQHU7KLQJV DUHWKHDUWVOLWHUDWXUHHGXFDWLRQHQWHUWDLQPHQWILQHGLQLQJDQGQLJKWOLIH /HWWHUIURPWKH(GLWRU :HOFRPHHYHU\ERG\WRWKHYHU\ÀUVWLVVXHRI)LQHU7KLQJV0DJD ]LQH:KDWHOVHFDQ,VD\",WKDVEHHQDORQJWLPHFRPLQJ )LUVWDQGIRUHPRVWP\VWDIIDQG,ZRXOGOLNHWRWLSRXUKDWVWRERWK,Q 1HZVZHHNO\DQG7KH0HWUROLQH2YHUWKH\HDUVWKRVHWZRSXEOLFD WLRQVKDYHDOZD\VEHHQHQWHUWDLQLQJLQIRUPDWLYHDQGHQMR\DEOH UHDG«YLWDOLQWKHJD\DQGOHVELDQFRPPXQLW\RI&RQQHFWLFXW ,H[WHQGP\KDQGWRWKHPLQIULHQGVKLSDVRXUSXEOLFDWLRQ)LQHU 7KLQJV0DJD]LQHHQWHUV&RQQHFWLFXW,DVVXUH\RXZHFRPHLQ SHDFH7KHZD\ZHVHHLWWKHUHLVHQRXJKJRLQJRQLQJD\DQG ´JD\IULHQGO\µ&RQQHFWLFXWWRÀ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pLQ1HZ+DYHQ%U\DQDQG-DPLHDW7KH&KH](VWLQ+DUW IRUG*UHJRU\DW7KH*ROGHQ6WUHHW*DOOHU\LQ1HZ/RQGRQ+VLQ<L +XDQJDW+\JLHQLF*DOOOHU\'RQDW2·1HLOO·V%UDVV5DLO-LPDQG%RE DW7KH:DOO6WUHHW*DOOHU\-DQH:HLQHU(OOLRWW6WULFN&KULVDQG5RE DW(DVWRQ0RXQWDLQ-RKQ3URWRDW5DYHLV5HDOW\$QWKRQ\&HUYRQL DW&ROGZHOO%DQNHU3UHPLHUH5HDOWRUV5D\DW7KH6REHU&DPHO (OLVVDDW7KH5HODWLRQVKLS&RPSDQ\/\QQDW=DQH·V&\FOHV3DXO6 -HIIDW%HQWDUDDQG&HQWUDO6WHDNKRXVH.DUHQ5REHUW&DP-HG -DQHW/HH1DWDVKD6WHYHQ9DVFKRQ6DPDQWKD&KDQHO-HURPH .HYLQ0DWW'DYLGDQGRIFRXUVHP\JUDQGPRWKHU&RQQLH ,QHDFKLVVXHDVHWDPRXQWRIVSDFHZLOOEHGRQDWHGWRHDFKRI WKHWKUHHJD\DQGOHVELDQFRPPXQLW\FHQWHUVLQ&RQQHFWLFXW7KH 1HZ+DYHQ*D\DQG/HVELDQ&RPPXQLW\&HQWHU7KH7ULDQJOH &RPPXQLW\&HQWHUDQG3URMHFW $JDLQZHOFRPHWR)LQHU7KLQJV0DJD]LQHZKHUHLW·V*D\3ULGH 0RQWK«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ÀWWKHJD\OHVELDQELVH[XDO DQGWUDQVJHQGHUFRPPXQLW\ ,WLVP\SOHDVXUHLQWKLVODQGPDUNLVVXHRI)LQHU7KLQJV0DJD]LQHWR EHDQRIÀFLDOPHGLDVSRQVRURI$OWH5QD7LYH6,QFDQG7KHWK &RQQHFWLFXW*D\DQG/HVELDQ)LOP)HVWLYDO6LQFH)LQHU7KLQJV 0DJD]LQHLVSULPDULO\DQDUWDQGOLWHUDU\PDJD]LQH,IHOWDVRQH RIWZRHGLWRUVWKDWZLOOEHFRYHULQJWKLVHYHQWLWZDVDSHUIHFWÀW 0\SDUWQHU-HURPHDJUHHG,GRQ·WIHHOWKHUHLVDEHWWHUZD\WR FHOHEUDWH&RQQHFWLFXW*D\3ULGH0RQWKWKDQWDNLQJLQDÁLFNRU WZRDWWKHÀOPIHVWLYDOWKLV\HDUDQG\HV)LQHU7KLQJV0DJD]LQHZLOO EHWKHUH ,QWKHZRUGVRIWKHLPPRUWDO%RE)RVVH´,W·VVKRZWLPHIRONVµ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ΝӫDǚґ̢OH1҅JEȺ 5IFUI$POOFDUJDVU(BZ-FTCJBO'JMN'FTUJWBM -XQH²DW&LQHVWXGLRLQ+DUWIRUG&7 ,QIRZZZFWJOIIRUJ7HOJOII#\DKRRFRP 7KH&RQQHFWLFXW*D\/HVELDQ)LOP)HVWLYDOLVYHU\SOHDVHGWREHVKRZFDVLQJWKHZRUNVRIWKUHHYHU\WDOHQWHGÀOPPDNHUVZLWKURRWVLQ&RQ QHFWLFXW7KHLUH[FHSWLRQDOÀOPVZLOOEHDPRQJWKHKLJKOLJKWVRIRXUWK)HVWLYDODQGWZRZLOOEHSUHVHQWLQSHUVRQWRSUHVHQWWKHLUZRUN7KH\ ZRXOGEHSOHDVHGWRVSHDNZLWKWKHSUHVVWRGLVFXVVWKHLUZRUNDQGWKHLUDSSHDUDQFHDWWKH&RQQHFWLFXW*D\/HVELDQ)LOP)HVWLYDO7KH ZRUNVDUH 6DLQW+HQU\²6KRZQRQ6XQGD\-XQH#SP 'LU$ELJDLO6HYHUDQFH86$PPPLQ ,QDUHFNOHVVVHDUFKIRUKHUIDWKHU+HQU\DQGKHUEHVWIULHQG7ZLJJ\VHWRXWRQDQLJKWWLPHRG\VVH\IURPVLQWRUHGHPSWLRQ $ELJDLO6HYHUDQFH7EHOOHFRWH#HDUWKOLQNQHW 0V6HYHUDQFHZLOOQRWEHLQDWWHQGDQFHGRWRDFRQÁLFWLQVFKHGXOLQJ1HZ%ULWDLQQDWLYHUDLVHGLQ:DOOLQJIRUG0V6HYHUDQFH·VPRPDQG PRP·VJLUOIULHQGOLYHLQ1HZ+DYHQ6KHUHFHLYHGKHU0)$LQGLUHFWLQJIURP8&/$DQGQRZOLYHVLQ/$´:ULWHUGLUHFWRU$ELJDLO6HYHUDQFH KDVDQLFHIHHOIRUWKHDZNZDUGSDXVHVDQGKLFFXSVRIVSHHFKWRUQIURPOLIHµ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ÀHOGQDWLYH%HWV\.DOLQGLUHFWRUFRSURGXFHUYLGHRJUDSKHURIWHQZHDUVWKHKDWVRISURGXFHUZULWHU GLUHFWRUDQGHGLWRURQKHUÀOPDQGYLGHRSURMHFWV6KHUHFHLYHGD%$LQ:RPHQ·V6WXGLHVIURP&ROXPELD8QLYHUVLW\DQGDQ0)$LQ'LUHFWLQJ IURPWKH8QLYHUVLW\RI0LDPL +DUROG·V+RPH0RYLHV²6KRZQRQ)ULGD\-XQH#SP 'LU-DVRQ3ORXUGHDQG6HDQ'DYLG:HVW86$YLGHRPLQ )RUPRUHWKDQ\HDUV+DUROG2·1HDOGRFXPHQWHGKLVOLIHLQ6DQ)UDQFLVFR$ORQJZLWKKLVWRULFHYHQWVVXFKDVUXEEHUDQGDOXPLQXP UHF\FOLQJGULYHVGXULQJ::,,-DSDQHVHFLWL]HQVEHLQJURXQGHGXSIRULQWHUQPHQW%XWKHDOVRFDSWXUHGWKHSOD\IXOVLGHRIJD\FXOWXUHEDFN ZKHQVXFKJDWKHULQJVZHUHRIWHQFRQVLGHUHGDQ[LRXVDQGIHDUIXODIIDLUV7KHVHSHUVRQDODUFKLYHVDUHDUHYHODWLRQDQXQSUHFHGHQWHGDQG HSLFORRNDWJD\OLIHLQWKHWK&HQWXU\ -DVRQ3ORXUGH7 -DVRQ#VHDWWOHTXHHUÀOPFRP %ULVWROQDWLYH-DVRQ3ORXUGHUHWXUQVWRWKH&7*/))ZKHUHKHZDVGLUHFWRUIURPWR$VLJQODQJXDJHLQWHUSUHWHUE\SURIHVVLRQKHKDV ORQJEHHQLQYROYHGLQWKH6HDWWOH*D\/HVELDQ)LOP)HVWLYDOZKHUHKHLVFXUUHQWO\WKHGLUHFWRURISURJUDPPLQJ6DLG-DVRQ´,WZDVUHDOO\DQ KRQRUWREHDEOHWREULQJWRJHWKHU+DUROG·VUHPDUNDEOHÀOPVDQGVWRULHVµ 1RWH7KHHQWLUH)HVWLYDOVFKHGXOHLVQRZDYDLODEOHRQOLQHDWZZZFWJOIIRUJ ZZZFWJOIIRUJ32%R[+DUWIRUG&7 &200(17$5,(6 4QFǑ͛:ΝӅS.̢OȠ *XFFL/XJJDJH7ZRVXLWFDVHVDJDUPHQWEDJVKRXOGHUEDJ .BUDIFE#BHHBHF CZ$BN-JORVJTU PDNHXSFDVHDQGDVSRUW\ODSWRSEDJ+HOLWHUDOO\KDGVRPDQ\ LVVXHVWKDWUDQVRGHHS,IHOWEDGIRUKLVGRJOHWDORQHKLVQH[WORYHU ,ZDVUHPLQGHGRIKLPWKLVZHHNZKHQP\(DUWK\%LVH[XDO 3DJDQIULHQGIURP8SVWDWH1HZ<RUN.HUVWLQDQG,ZHUHFKDWWLQJ DERXWVRQJO\ULFV6KHDVNHGPHLI,UHPHPEHUHGDSDUWLFXODU RQHWKHRQHVKHOLVWHQHGWRRYHUDQGRYHUZKHQVKHKDGEHHQ GXPSHGE\WKLVFKHHUOHDGHULQFROOHJH(ULQ(ULQDQG.LUVWHQKDG QRWZRUNHGRXWEHFDXVH(ULQZDVQ·WRXWDQG.HUVWLQZDVQ·WLQWR QRWEHLQJRXW6KHDFWHGWRXJKDWWKHWLPHRIWKHEXVWEXWLW ZDVWKDWÀUVWUHDOPDGORYHIRUKHU6KHVZRUHRIISUHSS\´IDNHµ ȱȱȱ¢ȱ ȱȱȱ ȱȱ¢ǯ SHRSOHIRUHYHUYRZLQJWRÀQGVRPHRQHZKRZDV´LQWXQHµZLWK KHUVHOI.LUVWHQWKHQWUDGHGLQKHU*XHVVDQG*DSIRU7LH'LHDQG %LUNHQVWRFNVDQGFRQYHUWHGWR'UXLGLVP 7KHVRQJLQTXHVWLRQLVFDOOHG´2EMHFWVLQWKH5HDUYLHZ 0LUURU0D\$SSHDU&ORVHU7KDQ7KH\$UHµ,WLVIURPWKHDOEXP %DW2XWRI+HOO3DUWE\0HDW/RDI7KHSDUWWKDWVWDQGVRXWLVDV XVXDOWKHFKRUXV 0DQ\PRRQVDJR,HQGHGDUHODWLRQVKLSZLWKVRPHRQH %XWWKDWZDVVRORQJDJRDQGLWZDVIDUDZD\ ,FDUHGYHU\PXFKDERXW,WZDVVKRUWOLYHGEXWHYHQVWLOOWKH 2K*RGLWVHHPVVRIDUDZD\ PDQZDVYHU\QLFHFKDUPLQJDQGJRRGORRNLQJXQWLORQHGD\KH $QGLIOLIHLVDKLJKZD\WKHQWKHVRXOLVMXVWDFDU VQDSSHGRYHUQRWKLQJ$YLROHQWRXWEXUVWDQH[SORVLRQLI\RXZLOO $QGREMHFWVLQWKHUHDUYLHZPLUURUPD\DSSHDU IURPDEVROXWHO\QRZKHUH2UVR,WKRXJKW$IWHUDIHZZHHNVZH FORVHUWKDQWKH\DUH WDONHGDQG,UHDOL]HGVRPHWKLQJ,QHYHUNQHZDERXWKLPEHIRUH +HKDGVHULRXVEDJJDJHIURPSUHYLRXVUHODWLRQVKLSVDQGKLVFKLOG +RZWUXHLVWKDW"9HU\ KRRG 1RZKRQH\ZHDUHQ·WWDONLQJDERXWDVPDOOFDUU\RQEDJ ȱ¢ȱȱȱ¢ȱȱȱȱȱȱȱȱ ȱȱȱȱǰȱȱȱȱ¡ȱǯ $IHZ\HDUVGRZQWKHURDG.LUVWHQPHW%HWKDQ(DUWK\ &HOWLF'UXLG/HVELDQ5LJKWEHIRUHWKH\ZHUHJRLQJWRPRYHLQ WRJHWKHU%HWKGHFLGHGWRWDNH.LUVWHQKRPHWRPHHWWKHIXWXUH LQODZV6KHVKRZHGXSWRSLFNXSP\IULHQGGUHVVHGKHDGWRWRH WKDW\RXFDQVWRUHLQWKHRYHUKHDGELQRQD%RHLQJ:HDOO LQFRXQWU\FOXEDWWLUH.LUVWHQÁLSSHGRXW-XVWWKHVLJKWRIKHUQRU KDYHWKRVHLQWRZULJKW":HWDNHRXUUHODWLRQVKLSLVVXHVSUHFRQ PDOO\EDUHIRRWHGYHJDQHDUWKJRGGHVVLQSUHSGUDJKDG.LUVWHQ FHLYHGQRWLRQVDERXWORYHIURPRXUSDUHQWVDQGKXUWVWKDWORYHUV ȱȱȱȱȱȱ¢ȱȱ Ȃǯ KDYHOHIWEHKLQGZLWKXVZKHUHYHUZHJR%XWPRVWRIXVGRRXW EHVWWRIROGWKHPXSQHDWDQGWLJKWWRJHWWKHPLQWKDWOLWWOHEDJ :K\0DUWKD6WHZDUWFRXOGQ·WSDFNPRUHHIÀFLHQWO\IRUDWULSGRZQ XQSDFNLQJDQGEUHDNLQJRXWWKHROG0HDW/RDI&'1RPDWWHU ORYHUVODQH KRZRYHU(ULQVKHWKRXJKWVKHZDVVKHMXVWZDVQ·W %XWLQKLVFDVHZHDUHWDONLQJDERXWDPDWFKHGVHWRI ,P\VHOIKDYHWRFRQIHVVWKDW,DPDOVRDYLFWLPRIWKH FRPIRUW]RQH,GLGPDNHVRPHPLQRUDGMXVWPHQWV,PRYHGWRD VDPHV\QGURPH0\SDWWHUQLVVLPSOH PXFKPRUHTXHHUVHFWLRQRIWRZQFORVHUWRDOOWKHKDSSHQLQJV ,VWRSSHGZRUNLQJDVPXFKDQGGHFLGHGWRVSHQGVRPHWLPH 0HHWDFXWHER\ZKRLVDOOZURQJIRU\RX KDYLQJDOLWWOHIXQDQGHQMR\LQJP\OLIH$QGPRVWLPSRUWDQWO\,GH )DOOLQORYHZLWKKLPZD\WRRVRRQDQG FLGHGWRGDWHVRPHRQHWKDWQRUPDOO\,ZRXOGQ·W6RPHRQHZKR GHÀQLWHO\EHIRUHKHIDOOVIRU\RX KDGEHHQFKDVLQJPHLQVWHDGRIFKDVLQJVRPHRQHHOVH 0DNHDKXJHJUDQGJHVWXUHRIURPDQWLFORYH ,GHFLGHGWRWDNHWKLQJVVORZRUPRUHVSHFLÀFDOO\WRJR LPPHGLDWHO\ZKHQ\RXIHHOWKDWÀUVWFRRO ZLWKWKHÁRZ*LYHXSRQP\KRSHIRUD´ER\IULHQGµDQGMXVWOHWLW EUHH]HRIEUHDNXSRQWKHQRUWKHUO\ZLQGV EHZKDWLWZLOOEH,GHFLGHGWREHWKHFDUHIUHHPHWKDW,QHYHU 1RWVRPHWKLQJVLPSOHVRPHWKLQJVRELJLWLV FRXOGEHEHIRUH,GLGQ·WGHPDQGDFRPPLWPHQWRULQIHUMHDORXV\ VXUHWRVFDUHKLPRII DWWKHWKRXJKWRIKLPJRLQJRXWZLWKVRPHRQHKHKDGSUHYLRXV SODQVZLWK,ZHOFRPHGWKHLGHD 'URZQP\VRUURZVLQFKRFRODWHDQGEUHDNXS PXVLFIRUDPRQWKZKLOHVDGQHVVEHFRPHV ORQJLQJ WKRXJKW,SXWLQWKHWRZWUDLOHUDUHVRFORVH,FDQUHDGWKHPRQR JUDPRQWKHP6RPHWKLQJ,GLGQ·WUHDOO\H[SHFWWRKDSSHQVWDUWHG 0DNHDQHPEDUUDVVLQJDWWHPSWDQGUHFRQFLOL %XWLWKDVEHHQDIHZPRQWKVQRZDQGWKDWEDJJDJH, DWLRQXVXDOO\ZKLOHLQWR[LFDWHGDWWKHORFDO WRKDSSHQ,IHOOIRUKLP8VXDOO\,GRQ·WIDOOIRUWKHRQHVWKDWOLNH TXHHUEDULQIURQWRIDOOKLVDQGP\IULHQGVLQ PHJRÀJXUH« UHVSRQVHWRWKHORQJLQJ 5HSHDWVWHSWZLFHIRUJRRGPHDVXUH $SRORJL]HDQGVHWWOHIRUIULHQGVKLSEHFRPL 6RQRZDVZHVLWWRJHWKHUZDWFKLQJDPRYLHOD\LQ ȃȱ ȱǵȱȱȱȱ ȱȱȱ¢ǵǯǯǯȄ QJKLVFRQÀGDQW7KXVVHQWHQFLQJP\VHOIWR EHGDWQLJKWRUHYHQ GULYHDURXQGWRZQRQ RXUZD\WRVRPHSODFH VXIIHUWKURXJKWKHDJRQL]LQJGHWDLOVRIDOOKLV KROGLQJKDQGV,WKLQNWRP\VHOI´$UHZHWRJHWKHU",VKHVWLOOVHH QHZWULFNVDQGUHODWLRQVKLSVZKLOHZRQGHU LQJWKDWRWKHUJX\",VKHJRLQJWRWKLQN,DPQRWVHURXVEHFDXVH, LQJWKHZKROHWLPH´+RZLVWKLVRQHEHWWHU KDYHQ·WSXVKHGKLPIRUDFRPPLWPHQW"µ'RHVKHOLNHPHHQRXJK WKDQPH"µ WRPDNHWKHOHDSIURPGDWLQJWRUHODWLRQVKLSRUZLOOKHEROW7KH TXHVWLRQRITXHVWLRQVDSSHDUVLQP\KHDG« ,XVXDOO\HQGWKHF\FOHE\GDWLQJDUHERXQGJX\ZKR ,VLWMXVWWLPHWRDGGUHVVWKLVVWXIILQWKHQRUPDOFRXUVHRI ZRXOGEHSHUIHFWIRUPHLI,ZDVQ·WVWLOOLQORYHZLWK/RRVHU, RXUUHODWLRQVKLSRUDUHWKHREMHFWVLQP\UHDUYLHZPLUURUDSSHDU EUHDNWKLVJX\VKHDUWLQUHWXUQIRUP\RZQKHDUWEUHDNDQGUHSHDW LQJFORVHUWKDQWKH\DUH«$QGDUHWKH\*XFFL" VWHSRXWRIJXLOWZKHQ,UHDOL]H,WRRDPDMHUN7KHQRIFRXUVH PRYHRQWRDQRWKHU0U$OO:URQJ ȱȱȱȱȱ ȱȱȱȱ¢ȱ ȱȱȱȱȱȱĜ ǯǯǯ 6R,GHFLGHGWKLVWLPH,ZDVJRLQJWREHGLIIHUHQW7KLV WLPHQRPDWWHUZKDW,ZDQWHGWRVD\WRGRRUZKDWHYHU,ZDVJR LQJWRGRWKHH[DFWRSSRVLWH$QGLWZRUNHGIRUDZKLOH« %XWKHUH,DPEDFNLQP\KRPHWRZQUHEXLOGLQJP\ OLIHKHUH7KHFURVVURDGV,WKRXJKZHUHJRLQJWRFKDQJHP\ OLIHWXUQHGRXWWREHDWUDIÀFFLUFOHEULQJLQJPHEDFNZKHUH, EHORQJHG%DFNWRP\IDPLO\IULHQGVDQGRQWKHIULQJHRIP\ &200(17$5,(6 4QFǑ͛:ΝӅS.̢OȠ &200(17$5,(6 '̢OȪS&YѹSɺJΝͩT SDUWQHUµ7KLVLVVRPHWKLQJWKDWZRXOGQRWKDYHEHHQDQRSWLRQ 4VCNJUZPVS1PFUS Z$PNNFOUBSJFT WZHQW\\HDUVDJR6KHFDQDOVREHRQP\LQVXUDQFHDQRWKHURS WLRQWKDWZDVQRWDYDLODEOHWZHQW\\HDUVDJR6R\HV,JXHVVLWKDV 1IPUPHSBQIZBOE"SUXPSLGPSQPTTJCMF EHFRPHDOLWWOHHDVLHUEXWZHVWLOOKDYHDORQJZD\WRJR QVCMJDBUJPO ,OLYHLQ0DVVDFKXVHWWVZKLFKODVW0D\EHFDPHWKHÀUVW VWDWHWROHJDOL]HJD\PDUULDJHV9HUPRQWOHJDOL]HGFLYLOXQLRQVD IHZ\HDUVDJREXWWKDWLVQRWTXLWHWKHVDPHDVDOHJDOPDUULDJH 7KLVPHDQVWKDWWKH´FRPPLWPHQWFHUHPRQ\µWKDWP\SDUWQHUDQG ,KDYHEHHQSODQQLQJRQKDYLQJLVQRZJRLQJWREHD´PDUULDJH FHUHPRQ\µ:KLOHWKLVGHOLJKWVPHEH\RQGEHOLHI,VWLOOKDYHWKH IHDULQWKHEDFNRIP\KHDGWKDWWKLVLVJRLQJWREHRYHUWXUQHG$ ORWRIWKHRSSRQHQWVWRWKLVGRQRWUHDOL]HWKLVPHDQVPRUHWRXV $POUBDU6T"U WKDQMXVWDOLWWOHSLHFHRISDSHU/HW·VIDFHLWDVIDUDVWKHORYHWKDW 'JOFS5IJOHT.BH!BPMDPN 6KDQQDDQG,KDYHIRUHDFKRWKHUWKDWOLWWOHSLHFHRISDSHULVQRW JRLQJWRPDNHOLIHDOOEHWWHUIRUXV7KHUHDUHPXFKPRUHLPSRUWDQW UHDVRQVJD\VDQGOHVELDQVWRZDQWWREHDOORZHGWRKDYHDOHJDO PDUULDJH:KLOH,DPQRWJRLQJWRVWDWHDOOWKRVHUHDVRQVKHUHIRULW #FJOH"-FTCJBO*O 5PEBZT4PDJFUZ CZ+BOFU-FF4QPPOFS 8SJUUFOJO ZRXOGWDNHPDQ\VKHHWVRISDSHU,ZLOOPHQWLRQDFRXSOH2QH,I ȱȱȱęȱȱȱȱȱȱȱȱǰȱ ȱ ȱ¡ȱ ȱȱȱȱȱ¡ǯȱ 6KDQQDRU,ZHUHWRJHWYHU\LOODQGEHLQWKHKRVSLWDOWKHKRVSLWDO LWVHOIFRXOGVD\WRWKHRWKHU´,·PVRUU\EXWRQO\LPPHGLDWHIDPLO\ FDQJRLQWKHUHµ2QHRIXVFRXOGEHGHDWKO\LOODQGWKHSHUVRQ %HLQJDOHVELDQWRGD\VKRXOGEHHDVLHUWKDWLWZDV ZKRPHDQVPRUHWRXVWKDQDQ\WKLQJLQWKHZRUOGFDQ·WHYHQEH \HDUVDJRZKHQ,KDGP\ÀUVWOHVELDQUHODWLRQVKLS,NQRZIURP E\RXUVLGH"'R\RXNQRZKRZMXVWW\SLQJWKDWPDNHVPHIHHO" ERRNV,KDYHUHDGDQGIURPROGHUOHVELDQV,KDYHWDONHGWRSHULRGL FDOO\WKDWLWKDV6RVKRXOGQ·WLWEHHYHQHDVLHUQRZ",QVRPHZD\V GD\KRSHIXOO\DIWHUPDQ\\HDUVWRJHWKHUDQGXQOHVVZHDUHLQ ,EHOLHYHLWLV DQDFFLGHQWWRJHWKHURQHRIXVLVJRLQJWRGLHÀUVW:HVKDUH $W,ORVWP\ÀUVWMREEHFDXVH,ZDVDOHVELDQ,ZDV HYHU\WKLQJDQGHYHU\WKLQJZHRZQLVRXUV:KDWLIWKHIDPLO\RI \RXQJDQGGLGQRWUHDOL]HLWZDVVRPHWKLQJ,VKRXOGNHHSWRP\VHOI WKHRQHZKROLYHVGHFLGHVWKH\ZDQWHYHU\WKLQJ"*XHVVZKDW" 7RGD\HYHU\RQHDWP\MRENQRZV,DPDOHVELDQ1R,GRQRW 7KH\ZRXOGJHWLW7KHUHZDVDFRXSOHZHZHUHIULHQGVZLWK7KH\ VWDQGXSDQGVKRXWLWRXWDWWKHWRSRIP\OXQJVKRZHYHUZKHQ ,WDONDERXWP\SDUWQHU, QHYHUVD\P\´URRPPDWHµ 7KHUHLVDOVRWKHIDFWWKDWZHDUHERWKJRLQJWRGLHRQH KDGDFRPPLWPHQWFHUHPRQ\DQGOLYHGWKHLUOLYHV-HVVH·VSDUHQWV ȱȱ¢ȱęȱȱȱȱ ȱ ȱǯ WUHDWHG0RQDOLNHVKHZDVWKHLUGDXJKWHU2QHGD\-HVVHKDGD WHUULEOHFDUDFFLGHQWDQGGLHG+HUSDUHQWVZKRWUHDWHG0RQD RUDQ\RWKHUWHUPWKDW OLNHDGDXJKWHUWRRNHYHU\WKLQJ7KH\ZRXOGQRWHYHQOHW0RQD ZRXOGVXJJHVWVKHLVOHVVWRPHWKDWZKDWVKHLV,ZRUNDWDFDOO VSHDNDWWKHVHUYLFHV6KHZDVOHIWZLWKQRSHUVRQDOWKLQJVVXFKDV FHQWHUIRUDFRPSDQ\WKDWRZQVVHYHUDOWRSKRWHOVDQGRQHRIRXU SLFWXUHV,IWKH\KDGEHHQOHJDOO\PDUULHGWKLVQHYHUZRXOGKDYH EHQHÀWVLVEHLQJDEOHWRJHWURRPVDWWKHVHKRWHOVDWDPXFKUH KDSSHQHG(YHQLI\RXKDYHDZLOOWKHIDPLO\FDQÀJKWLWDQGWKH\ GXFHGUDWH7KLVLVDEHQHÀWWKDWLVDOVRH[WHQGHGWRRXUIDPLOLHV FDQZLQ7KH\ZRXOGQHYHUEHDEOHWRZLQLIDFRXSOHZHUHOHJDOO\ :HKDYHWRÀOORXWDSDSHUZLWKWKHQDPHVRIRXUIDPLOLHVDQGRQH PDUULHG3HRSOHGRQRWUHDOL]HWKDWWRXVWKHVHWKLQJVDUHPRUH RIWKHFDWHJRULHVRISHRSOHZKRDUHHOLJLEOHLV´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À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´ZHVKRXOGQRWEHLQKHUHHLWKHUZHDUHQRWEXWFKHVµ%XW ZKDWWKHLURSLQLRQRIKRPRVH[XDOLW\LVGRQRWEHOLHYHLQFKDQJLQJ ZHDVZHOODVHYHU\RQHHOVHLQWKDWURRPNQHZWKDWWKLVZDVQRW ǽǾȱ ȱȱěȱȱ¢ȱȱ ȱȱȱȱ ȱȱȱȱȱ¡ȱǯ DERXWIHPPHVLWZDVDERXWWKH´ER\VµLQWKHURRP:KDW,GRQRW ȃȱȱȱȱȱȱ ȱȱȱǰȱȱȱĴȱ ȱȱȱȱȱȱȱ ǯȱȃ XQGHUVWDQGLVKRZZHDVOHVELDQVZKRKDYHWRGHDOZLWKEHLQJGLV FULPLQDWHGDJDLQVWRXUVHOYHVFDQGLVFULPLQDWHDJDLQVWRWKHUVLQRXU WKHFRQVWLWXWLRQWRGLVFULPLQDWHDJDLQVWDQ\RQH(YHQWKRXJK,GR RZQFRPPXQLW\":HQHHGWRVWDQGWRJHWKHUDVDFRPPXQLW\QRW QRWWKLQNLWZLOOSDVV,ÀQGWKHIDFWWKDWLWLVHYHQDQLVVXHTXLWHDS DVOHVELDQVJD\PHQELVH[XDOVRUWUDQVJHQGHULQGLYLGXDOVEXWDV SDOOLQJ RQHZKROHFRPPXQLW\(YHQWKRXJKZHKDYHFRPHDORQJZD\ $QRWKHULVVXHIDFLQJOHVELDQVDQGJD\VLVZKHWKHURUQRW ZHVWLOOKDYHDORQJZD\WRJRDQGZHDUHDOOÀJKWLQJWKHVDPH ZHVKRXOGEHDOORZHGWRUDLVHFKLOGUHQ0RVWRIWKHUHDVRQVJLYHQ ÀJKW7KHÀJKWIRUSHRSOHWRORRNDWXVDVLQGLYLGXDOVWKHVDPHDV IRUXVWRQRWEHDOORZHGDUHRIIEDVH/HW·VWDNHDORRNDWRQHRI WKHPQRWWRVHHXVDVSHRSOHZKRVLPSO\KDYHVH[ZLWKLQGLYLGXDOV WKHP´$FKLOGVKRXOGKDYHDPRPP\DQGDGDGG\µ)LUVWRIDOO RIWKHVDPHVH[ FKLOGUHQVKRXOGKDYHDSDUHQWRUSDUHQWVWKDWORYHWKHPDQGFDUH 0RVWSHRSOHEHOLHYHEHLQJDOHVELDQLVDOODERXWWKHVH[ IRUWKHP+RZPDQ\PRWKHUVDUHWKHUHZKRGRQRWNQRZZKR 7KDWFRXOGQ·WEHIXUWKHUIURPWKHWUXWK1RRQHKDVEHHQDEOHWR WKHLUFKLOG·VIDWKHULV"+RZPDQ\PRWKHUVKDYHDGLIIHUHQW´IDWKHU FRPHXSZLWKDFRQFUHWHUHDVRQDVWRZK\VRPHZRPHQFKRRVH ÀJXUHµIRUWKHLUFKLOGHYHU\FRXSOHRIPRQWKV"+RZPDQ\IDWKHUV WRORYHRWKHUZRPHQDQGVRPHPHQFKRRVHWRORYHRWKHUPHQ WDNHRIIEHIRUHDFKLOGLVHYHQERUQ"/HW·VIDFHLWMXVWEHFDXVH EXWWKDWUHDVRQLVQRWVLPSO\«WKHVH[)RUP\VHOI,IHHOPRUH DFKLOGLVUDLVHGE\µDKHWHURVH[XDOFRXSOHµ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´WKDWW\SHµRIKRPH"2ULQDKRPH WKHVDPHZD\ ZKHUHWKHSDUHQWVMXVWKDSSHQWREHWZRIHPDOHVRUWZRPDOHV 6RLVLWHDVLHUEHLQJDOHVELDQLQWRGD\·VVRFLHW\WKDQLW &200(17$5,(6 '̢OȪS&YѹSɺJΝͩT ZDVLQWKHSDVW"<HVEXWLW·VVWLOOQRWVLPSOH:HGRKDYHLWEHWWHU :HKDYHGLIIHUHQWSUREOHPVWRGHDOZLWK,QDZD\,WKDQN*RGIRU WKHVHSUREOHPV,WVKRZVMXVWKRZIDUZHKDYHFRPH,QWKHÀIWLHV DQGVL[WLHVJD\EDUVJRWUDLGHGDQGSHRSOHJRWDUUHVWHGIRUGDQF LQJRUEHLQJWRRFORVHWRSHRSOHRIWKHVDPHVH[ +DYLQJWRÀJKWIRUPDUULDJHPHDQVWKDWZHGRQRWKDYH WRKLGHRXUVH[XDOLW\DQ\PRUHDQGSUHWHQGWREHVRPHWKLQJZH DUHQRW6WRQHZDOOLVVRPHWKLQJWKDW,IHHOPRUHWKDQOLNHO\FRXOG QRWKDSSHQWRGD\DQGIRUWKDW,DPJUDWHIXO,IZHNHHSRQÀJKW LQJIRURXUULJKWVSHRSOHLQDJHQHUDWLRQRUWZRPD\QRWKDYHWR JRWKURXJKZKDWZHKDYHMXVWOLNHZHGRQRWKDYHWRJRWKURXJK ZKDWJHQHUDWLRQVEHIRUHXVZHQWWKURXJK 7R3ODFH$Q$G &DOO%U\RQ$W 81,7$5,$162&,(7< &200(17$5,(6 '̢OȪS&YѹSɺJΝͩT $5(<28/22.,1*)25 $63,5,78$/+20(" :HIRXQGRQH 7KH8QLWDULDQ6RFLHW\RI1HZ+DYHQRIIHUV DQRSHQDQGDIILUPLQJFRPPXQLW\ 6HUYLFHWLPHVDUH6XQGD\PRUQLQJVDW DQG5HOLJLRXVHGXFDWLRQIRUDOODJHV +DUWIRUG7XUQSLNH+DPGHQ&7 [ ZZZXVQKRUJ $IPPTJOH0VS#BUUMFT CZ+FE0THPPE $V,OLVWHQWR-LPDQG*UHJFKDWRYHUWKHLUPRUQLQJODWWH FXSOHDQHGRYHUDQGNLVVHG-LPDQGVDLGQRWKLQJ+RZFRXOGKH ,EHJLQWRZRQGHUKRZWZRJD\PHQZKRDUHREYLRXVO\PDGO\LQ EHLQDJUHHPHQW"+RZFRXOGKHKDYHWKHVDPHRSLQLRQVWKDWDUH ORYHZLWKRQHDQRWKHUFRXOGWKLQNWKH\ZD\WKH\GR-LPDFRQ REYLRXVO\ÁDZHG" VWUXFWLRQZRUNHUIURPWKHXSSHU(DVW6LGHDQG*UHJDFORWKLQJGLV ȱȱȱȱȱĴǰȱȱ ȱ ȱȱȱȱ ȱȱȱȱ¢ȱȱȱȱȄǯ :HDOOJRWXSWROHDYH-LPZHQWRXWWRKDLODFDEZKHQ ,WRRN*UHJDVLGH,QHHGHGWRNQRZKRZKHFRXOGEHVRVWXSLG :KDWKHWROGPHPDGHPHVWRSDQGVHULRXVO\WKLQNIRUDORQJPR PHQW*UHJVLPSO\VDLG´7HQ\HDUVDJRLI,ZHUHWRNLVVP\SDUWQHU WULEXWLRQVPDQDJHUIURP<RQNHUVFRPHWRJHWKHUWRIRUPDSHUIHFW RQWKHOLSVLQDFRIIHHKRXVHWKHURRPZRXOGKDYHJRQHVLOHQW XQLRQ:LWKVRPDQ\WKLQJVWKH\KDYHLQFRPPRQVRPDQ\RIWKH DQGHYHU\H\HZRXOGKDYHEHHQRQXV:LWKWKDWNLVV,JDYHWR-LP GLVOLNHVWKH\VKDUH7KHLGHDWKDWWKH\WDNHWKHLURZQIUHHGRPVDQG ,VKRZHGWKDWDFFHSWDQFHLVULVLQJEXWLWGRHVQ·WKDSSHQRYHU ULJKWVIRUJUDQWHGHOXGHVPH,KHDUG-LPVD\WKDW´*D\PDUULDJH QLJKW:HKDYHWRSLFNRXUEDWWOHVDQGNQRZZKHQWRFDOODWUXFH LVMXVWDQRWKHUSULVRQ:K\JRWRDOOWKHWURXEOHRIWKHSDSHUZRUN XQWLODFFHSWDQFHLVUHDG\WRPHHWRXUQHHGVµ DQGSURPLVHVZKHQZHFDQOLYHWRJHWKHUDQGEH2]]\DQG+DUULHW ZLWKRXWWKHZHGGLQJ"µ ,FRXOGQ·WEHOLHYHP\HDUV,ZDQWHGWRFKLPHLQDQGUH PLQGKLPRIWKHVWULIHWKHVWUXJJOHWKHSURWHVWDQGWKHPDQ\JD\ )RU0HGLD6SRQVRUVKLSV &RQWDFW%U\RQ DQGOHVELDQFRXSOHVRXWWKHUHZKRGRZDQWWKHZHGGLQJDQGWKH SDSHUZRUN,GLGQ·WWKRXJK,MXVWZDLWHGKRSLQJ*UHJZRXOGOHW -LPLQRQWKHVHFUHW$OLWWOHVHFUHWFDOOHGVHOIUHVSHFW +RZFRXOG*UHJOLYHZLWKVXFKDFORVHGPLQGHGVHOI GLVUHVSHFWLQJPDQ"-XVWWKHQ*UHJVLSSLQJIURPKLVFDIIHLQHÀOOHG 0DNLQJ5HDO(VWDWH 5HDO(DV\ &DOO$QWKRQ\&HUYRQL 4XHHQ6WUHHW6RXWKLQJWRQ 0LOO6WUHHW%HUOLQ &HGDU6WUHHW1HZ%ULWDLQ ZZZ$QWKRQ\0RYHVFRP &200(17$5,(6 '̢OȪS&YѹSɺJΝͩT 32(75<$57 źȺ5҅VȺ"Sҿ̨ҭT 6TVBMMZ CZ3PCFSU1BUSJDL IRU+*:HOOV 8VXDOO\ 7KHUH·VDGRPLQDQWPDOH 7RZKRPHDFKSURPLQHQWPDOH 2ZHVIHDOW\ "4IPSUFS)JTUPSZPG(PE CZ3PCFSU1BUSJDL $QGUHDOW\ $QGDPLGGOHFODVV :KLFKJDLQVDOLWWOHFODVV %\OR\DOW\ 7RUR\DOW\ $QGKDYLQJPRUHFODVV )RU.DUHQ$UPVWURQJ $SSDUHQWO\LW·VQRUPDO $Q\WLPHDVWRUP·OO )OLQJDÁRRGRUGULIWDWXV 7RWKLQN6RPHERG\·VPLIIHGDWXV 6RZHHUHFWDQDOWDU $QGFRPSLOHDSVDOWHU 2ILQFDQWDWLRQVFODVVLÀHG 7RNHHS6RPHERG\SDFLÀHG $QGWKHQZKHQVWRUPVFRQWLQXH :HVZHHWHQXSWKHPHQX :LWKDWWUDFWLYHVDFULÀFHV $QGVHOIÁDJHOODQWGHYLFHV :KHQGHVSLWHRXUULWEXDO 6WRUPVUHPDLQKDELWXDO :HLQYHQWDVHFRQGÀJXUH :KR·VUHVSRQVLEOHIRUULJRU %XWWRNHHSWKLQJVWLG\ 6D\6RPERG\$OPLJKW\ $OVRPDGHRXUSHUVHFXWRU 3RVVLEO\WRVHUYHDVWXWRU :KHQFRPSOLFDWLRQVHQWHU :HWKHQEHJLQWRVSOLQWHU ,QWRVWHUQVDOYDWLRQLVWV $QGSULPSUHGHVWLQDWLRQLVWV :KRWHQGWREXUQHDFKRWKHU 0XUPXULQJ´$KEURWKHU :KDWDWDQJOHGZHEZHZHDYH :KHQÀUVWZHSUDFWLFHWREHOLHYHµ 7KDQDORZHUFODVV :KLFKODERUV $QGNLOOVQHLJKERUV %XWLVQRWDQK\VWHULFDOFODVV %HFDXVHDFOHULFDOFODVV 3URPLVHV+HOO 6KRXOGLWUHEHO $QG+HDYHQ )RUZRUNLQJWLOOVHYHQ 7KHUH·VDQDFDGHPLFFODVV 3HUPLWWHGWRPLPLFFODVV $QGSKLORVRSKL]H 8QWLOLWRVVLÀHV 7KHUH·VDPLOLWDU\FODVV $QGDPLVVLRQDU\FODVV :KRSUHVVDOLHQFODVVHV &DOOHGPDPPDOLDQPDVVHV ,QWRVODYHU\ 7KURXJK%LEOHVDQGEUDYHU\ $QGD%RKHPLDQFODVV :KLFKOLYHVOLNHDVLPLDQFODVV :KLOHPDNLQJDUWJLYLQJ 5HDVRQVIRUOLYLQJ :KLFKDORQHHQGXUHV 2IWKHVHFXOWXUHVRI\RXUV 8VXDOO\ 8IFOZPVXBOUBTVDDFTTGVMSFMBUJPOTIJQUSVTUDPNFTGJSTUy 5IF3FMBUJPOTIJQ$P BQFSTPOBMJ[FEJOUSPEVDUJPOTFSWJDFGPSTJOHMFTUISPVHIPVU/FX &OHMBOEXJUIBEJWJTJPOEFEJDBUFEUP4BNF4FY4JOHMFT t #FTU%BUJOH4FSWJDF UIFSFMBUJPOTIJQDPDPN .BTTBDIVTFUUT t/PSUIBNQUPO t4QSJOHGJFME $POOFDUJDVU t'BSNJOHUPO 7FSNPOU t#SBUUMFCPSP t#FOOJOHUPO /FX)BNQTIJSF t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ÀOOP\HDUV 6RPHWLPHVWKDWVWRSVP\WHDUV ,VHHWKHPÁRDWLQJKLJKXSRQWKHEUHH]H ,VLWLQKLGLQJ ,FORVHP\H\HVDJDLQVWWKHVSLQQLQJRIWKHVN\ 6RQRRQHVHHVP\IDFH ,VKLHOGP\VHOIZLWKP\LQYLVLEOHKRRG 6WUDQJHZRUGVZDVKXSLQWKHWLGHV :KLFK,DPQRZJUDWHIXOWRKDYHLQP\SRVVHVVLRQ WKH\PDNHQRVHQVHLQP\PLQG 7KLVREVHVVLRQKDVEHFRPHDOLIHORQJOHVVRQ ,ZDONDZD\LQSODVWLFVWULGHV 7KDWZLOOVWRSZKHQ,GLH :KHQ,OLH :LWKP\H\HVFORVHGIRUHYHU ,KDYHORYHIRUP\VHOI 1RZ,ZDQWWRORYHVRPHRQHHOVH ,ZHDUP\KHDUWRQP\VOHHYH 0\KHDUWNQRZVQRRQHHOVHVORYH /RQHOLQHVVLVP\ORYHU ,WOLHVLQP\EHG 7KDW·VZKHUHLWVOXPEHUV 32(75< $57 źȺ5҅VȺ"Sҿ̨ҭT 32(75<$57 32(75<$57 źȺ5҅VȺ"Sҿ̨ҭT "SU8PSLCZ,BSFO3JHHT .FEJVN$PNQVUFS*NBHJOH 5PPM1BJOUTIPQ ȱĞ ȱȱ 4JYUFFO CZ#SZPO $VUF.FYJDBOBUUIF #VT4UPQ CZ#SZPO +HVQXIIHGWKHÀUVWWZRRXWWKDWZDVDVWDUW 7KH0H[LFDQVWRRGVRDNLQJWRWKHERQH WKLVORQJMRXUQH\RIPLQHZDVDOPRVWWKURXJK QRDZQLQJWRSURWHFWKLPIURPWKHSRXU WKHWKLUGDQGIRXUWKGLHGWRR,IHOWP\KHDUW ZLWKP\XPEUHOODKLPWKHUHDOODORQH EHJLQWRUDFHDVLIH[KDOLQJWRR ,RIIHUHGKDOIWKHVN\IHOODOOWKHPRUH 7KHÀIWKDQGVL[WKZRXOGEHWKHQH[WWZRRXW +HVOLGEHQHDWKDVPLOHUDLVHGKLVIDFH LWGLGQRWPDWWHUZKLFKRIWKHPZDVÀUVW LQVLGHP\EDJ,KDGDQH[WUDFRDW WKHVHYHQWKDQGWKHHLJKWKEHJDQWRSRXW KHGLGQRWKDYHDRQHWKLVVDGGLVJUDFH DVKHOHDQHGLQDQGEDFN,KHDUGRQHFXUVH ,OHIWLWWKHUH,GLGQRWZDQWWRJORDW 7KHQLQWKDQGWHQWKWKH\GLGQ·WKDYHDFUXWFK +HPRYHGLQFORVHUDVKLVDUPJUD]HGPLQH WROHDQXSRQDVKHGLGWKHPERWKLQ KHVDLGWKDWKHZDVVRUU\KHZDVFROG WKHQH[WÀYHIROORZHGVXLWWKH\·GZDUPHGVRPXFK WKHVWUHDPRIZDWHUE\WKHFXUEP\VLJQ MXVWRQHUHPDLQHGKRZORQJP\MRXUQH\·VEHHQ WKH5LR*UDQGH·VEHHQFURVVHGE\PHQDVEROG ´7KHVL[WHHQWKFDQGOH\RXUOLJKWKRXVHµKHVDLG 7KHEXV,PLVVHGMXVWZDWHUGRZQWKHGUDLQ ,EOHZLWRXWDQGWRRNVL[WHHQWREHG P\VDFULÀFHWRGU\KLVEDFNIURPUDLQ 1MBOFUTPG1SJEF #Z0VS3FTJEFOU "TUSPMPHFS .JHVFM(PO[BMF[ /HR'RQ·WWU\WRVWDQGRQ3ULGH5RFNXQWLO\RX·YH HDUQHGWKHULJKWWR<HDK,·PWDONLQJWR\RX&XWWLQJFRUQHUVDQG H[SHFWLQJHYHU\RQHHOVHWRJHW\RXWKURXJKLVQRWJRLQJWRZRUN IRU\RXIRUYHU\PXFKORQJHU'RWKHZRUN\RXUVHOI3XWLQWKHKRXUV 3XWLQH[WUDKRXUV6HQGVRPHRQHHOVHKRPHHDUO\%HOLHYHPH FRQVLGHULQJZKDW·VFRPLQJXSIRU\RX\RX·OOZDQWWREHDEOHWR WDNHDOOWKHFUHGLWIRULW,I\RX·YHVWDUWHG\RXURZQEXVLQHVVSURRI UHDG 9LUJR2K\RXSRRUGHDU<RXSRRUSRRUGHDU3HRSOH LQ\RXUOLIHDUHHLWKHUGULYLQJWRRIDVWRUWRRVORZ<RXUWULSWRSLFN XSHJJVDQGPLONGRHVQ·WQHHGWREHOLNHDVFHQHRXWRID-DPHV %RQGPRYLH6WRSWDLOJDWLQJ,I\RXUHDGWKLVEXW\RXFRQWLQXHWR GRLWDQ\ZD\,FDQSURPLVH\RXDWOHDVWRQHFORVHFDOOLIQRWD UHDOPHVV &DSULFRUQ2.,UHDOL]H,KDYHDORWWRSURYHWR\RX <RXUHDGWRRPDQ\KRURVFRSHV:HOFRPHWRWKHRQO\RQHZKR WUXO\NQRZV\RX<RX·UHQRWUHDOO\ORRNLQJIRUZLVGRPDQ\ZD\DUH \RX"/HW·VFDOODVSDGHDVSDGH<RXDUHPRUHLQWHUHVWHGLQVHHLQJ KRZFORVH,FDQJHWDQGVHFUHWO\KRSLQJ\RXZLOOEHDEOHWRODXJK DWKRZIDURII,DFWXDOO\DP%\QRZ\RXDUHHLWKHURIIHQGHGRU DVWRXQGHG,QHLWKHUFDVH,JRWWR\RX0RUHZLOOEHUHYHDOHGQH[W PRQWK /LEUD7KLVPRQWKLVJRLQJWREHDWHVWIRU\RX6SULQJ KDVVSUXQJ/RYHLVLQWKHDLU7KH\DUHVPLOLQJEHFDXVHWKH\OLNH ZKDWWKH\VD\-XVWPDNHVXUHLW·VWKHRQH\RXZDQWEHIRUH\RX YHQWXUHWRVPLOHEDFN,I\RXDUHDOUHDG\LQYROYHGZLWKVRPHRQH WU\VPLOLQJDWKLPRUKHURQFHLQDZKLOH,I\RXUHDOO\FDUHDERXWWKH SHUVRQDVPLOHZLOOVSHDNHYHQORXGHUWKDQDFWXDOO\VD\LQJ´,ORYH \RXµ $TXDULXV<RXVKDUH\RXUVLJQZLWKRXULOOXVWULRXVHGLWRU +HLVDKDQGIXODQGDKDOIDQGQHHGVDKHOORIDORWPRUHWKDQDQ DVWURORJHUWRKHOSKLPGHFLGHZKDWKHLVJRLQJWRGRQH[W$OORI \RX$TXDULDQVDUHSUHWW\PXFKWKHVDPH2QDQ\JLYHQGD\LQ DQ\JLYHQFLUFXPVWDQFH\RXQHHGPRUHWKDQDQDXJHU<RXQHHG DVWDII2YHUWKHFRXUVHRIWKHQH[WIHZZHHNV\RXEHWWHUPDNH VXUH\RXKDYHVRPHRQHWRSXOOWKHUHLJQVZKHQ\RXFDQQRW0DNH VXUH\RXDOVRKDYHVRPHRQHFORVHE\ZKR·VQRWDIUDLGRISXOOLQJ WKHSOXJ 6FRUSLR:HOO\RXNQRZ\RXUVHOYHVEHWWHUWKDQDQ\ RQHHOVH$VDPDWWHURIIDFW,KDYHGHFLGHGWKLVPRQWKWRSOD\LW VDIHZLWKWKHORWRI\RX,ZRXOGKDWHWRVHHWKDW\RXVWRSSHGSLFN LQJXS)LQHU7KLQJV0DJD]LQHMXVWEHFDXVHWKHDVWURORJHUSLVVHG \RXRIILQWKHÀ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ÀQDQFLDOO\7KLVPRQWKVSRLO\RXUVHOILQGHHGRQFH EXWWKHQSD\DELOOEHIRUHVSHQGLQJDQRWKHUGLPH<RX·OOEHJODG \RXGLG 6DJLWWDULXV:KDWDUH\RXGRLQJ",PHDQUHDOO\ :KDWZHUH\RXWKLQNLQJ"'LG\RXKRQHVWO\EHOLHYH\RXFRXOGSOD\ ZLWKÀUHDQGQRWJHWEXUQHG"7KLVJRHVEH\RQGDFFLGHQWDOO\OHDY LQJDWHOHSKRQHQXPEHUZKHUHVRPHRQHPLJKWÀQGLWRUIRUJHWWLQJ WRFOHDUWKHKLVWRU\OLVWRQ\RXUFHOOSKRQH<RXFODLP\RX·UHQRW LQWRWHOOLQJRQ\RXUVHOIEXWWKHQ\RXJRDKHDGDQGGRMXVWWKDW ,·PQRWQHFHVVDULO\WDONLQJDERXWKRZ\RXFRQGXFW\RXUVHOILQ\RXU UHODWLRQVKLSVZLWKRWKHUV,PLJKWDOVREHWDONLQJDERXWKRZWUXH \RXDUHWR\RXUVHOI<RXNQRZZKDW\RXQHHGWRGR6WRSGRLQJ WKHRSSRVLWHEHFDXVH\RX·UHVHFRQGJXHVVLQJ\RXUVHOI$QGLI\RXU FHOOSKRQHLVKHOODVKDG\E\VRPHVOLPFKDQFHHUDVHWKHOLVWVWKH VHFRQG\RXDUHDEOHWR/LNHULJKWQRZ $ULHV(DV\GRHVLW2QHWKLQJDWDWLPH1R,DPQRW VXJJHVWLQJWKDW\RXKHDGWR\RXUORFDO$$PHHWLQJEXW,DPXUJ LQJ\RXWRUHSHDWVWXSLGOLWWOHFOLFKpVOLNHWKLVZKHQ\RXQHHGWR HVSHFLDOO\ZKHQLWFRPHVWRZRUNLQJRUORRNLQJIRUZRUN<RXZLOO DOZD\VEHZRUWKPRUHWKDQ\RXDUHSDLGIRU2WKHUVVHHWKDWWRR 7KHSUREOHPLVWKHRQHVZKRFDQ·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·OOSLFN \RXUEDWWOHVDOLWWOHPRUHZLVHO\<RXNQRZWKHRQHVZKRWUXO\'2 QHHGWREHWDXJKWDOHVVRQ ´6DYH3ULGHµ %HWZHHQ2UDQJHDQG&KXUFK6WUHHWV 'LUHFWO\RQWKH6LGHRI*RWKDP&LWL&DIH *HPLQL&DQ\RXVLWGRZQIRUÀYHPLQXWHVDQGUHDOO\ OHWZKDW,DPDERXWWRVD\VLQNLQVRPHKRZ"7DNHDPLQXWHRU WZRDQGOHWWKLVLGHDVHWIRUDELW,WLVLQ\RXUEHVWLQWHUHVWWRJHW ZKHUHYHU\RXQHHGWREHRQWLPHWKLVPRQWK7KLVGRHVQRWPHDQ UDFHWKHUH,WPHDQVOHDYHHDUOLHU0XFKPXFKHDUOLHU'RQ·WOHDYH HDUO\HLWKHU 6DW-XQHWK EHWZHHQSP &DQFHU1LFHWRPHHW\RX+RZDUH\RX"$UH\RX KDYLQJDJRRGWLPH"7KDW·VQLFH6PDOOWDON,W·VDJUHDWWRROIRU\RX ULJKWQRZ,W·VZRUNLQJIRU\RX,WZRQ·WQH[WPRQWK(QMR\WKHEHQ HÀWVRILWQRZ%\WKHWKLUGZHHNRIWKLVPRQWK\RXDUHJRLQJWRULVN EHLQJUHIHUUHGWRDV´VPXJµ$QGRQ\RXWKDWVPXJORRNVQDVW\ 2KDQGVWRSJULQGLQJ\RXUWHHWK(QDPHO 32(75< $57 źȺ5҅VȺ"Sҿ̨ҭT ($6721 02817$,1 RETREATYOURSELF 7EAREDEDICATEDTOHELPINGYOUUNLEASHYOURSPIRIT 2UNBYANINTENTIONAL COMMUNITYOFGAY MENONBEAUTIFUL WOODEDACRESIN UPSTATE.EW9ORK %ASTON-OUNTAIN OFFERSRETREATSTO REVITALIZEYOURMIND BODYHEARTANDSOUL ASWELLASTOHELPUS ALLCONNECTINNEW WAYSTOONEANOTHER INORDERTOBUILD COMMUNITY &ORINFOONOURRETREATS COMMUNITYAND WORKSTUDYOPTIONS RU ZZZHDVWRQPRXQWDLQFRP MXQH MXO\ MXO\ MXO\DXJ DXJ VHSW EXLOGLQJ\RXUWHPSOH JD\IUHHGRPFDPS IULHQGVIDPLO\ JD\VSLULWFDPS VXPPHUVSODVK DXWKHQWLFHURV DQH YHQWIRUPHQ ($672102817$,1 +(55,1*721+,//5' *5((1:,&+1(:<25. ,17(59,(: 6Ҁ$MΕҕȺ1ȪSҕΝOǑ͡ 5IF"VSUIPSPG i3FBS7JFXw UIFSFDFOUMZQVCMJTIFE CPPLi3FBS7JFXw 4UFWFO7BTDIPO :K\FKRRVHWKLVW\SHRISDUWLFXODUVXEMHFW PDWWHU" (YHUVLQFH,ÀUVWOHDUQHGWKDW,KDGDQDWWUDFWLRQIRUPHQDPDMRU LW\RIWKHLPDJHV,·YHVHHQGHSLFWWKHDOOPLJKW\PDOH´SHQLVµ 6WLOOWRGD\PRVWSKRWRJUDSKHUVZKRVRRQPDOHQXGHVWHQGWR IRFXVRQWKDWDUHD 0\SHUVRQDOSUHIHUHQFHKDVDOZD\VEHHQWKRVHSUHFLRXVFXUYHV ¶URXQGEDFN,GRQ·W·NQRZZK\EXWIRUVRPHUHDVRQ,IHOW VWURQJO\WKDWWKHUHPLJKWEHRWKHUVZKRIHOWWKHVDPHDV,GLGLQ ZDQWLQJWRVHHPRUHEDFNVLGHVLQSKRWRV+RZHYHU,ZDQWHGWR SUHVHQWLWLQDZD\WKDWZDVÀUVWFODVVVW\OLVKVRSKLVWLFDWHGDQG DUWLVWLF PDNHVLWVRZRQGHUIXO:KDWDORWRISHRSOHGRQ·WUHDOL]HLVWKDW ´DEVROXWHO\HYHU\WKLQJµLQWKHSKRWRLVDSDUWRIWKHDUWLVWLFH[SUHV VLRQ1RWMXVWWKHPRGHO,·PQRWVKRRWLQJDFROOHFWLRQRISKRWRV ZLWKPRGHOVVWDQGLQJLQIURQWRIERULQJSODLQEDFNGURSVLQD VWXGLR1RULVWKLVMRXUQDOLVWLFW\SHSKRWRJUDSK\ZKHUHWKHPRGHOV MXVWKDSSHQWREHLQDVSHFLÀFSODFHDQGWLPHZLWKPHMXVWKDS SHQLQJWRVKRZXSDWWKHULJKWWLPHWRVKRRWWKHP :K\FKRRVHSKRWRJUDSK\DVD PHGLXPIRU\RXUDUW" 4XLWHKRQHVWO\LWZDVDELWRID ÁXNH,FDQ·WVD\WKDW,·PRQHRI WKRVHSHRSOHZKRDVSLUHGWREH DSKRWRJUDSKHUVLQFHDQHDUO\ DJHEHFDXVHWKDW·VMXVWQRWZKDW KDSSHQHG6RPHRQHERXJKW PHDFDPHUDDIHZ\HDUVDJR DQGLWJRWVWROHQGXULQJP\ÀUVW PRQWKRIOLYLQJLQ/$<HDUV ODWHU,ZDVÀQDOO\PDNLQJHQRXJK FDVKIURPP\QHZHPSOR\HULQ 6DQ)UDQFLVFRWREHDEOHWRDI IRUGIDUPRUHWKDQMXVWP\ELOOVVR GXULQJOXQFKRQHGD\,ERXJKW DUHSODFHPHQWFDPHUD,WUXO\ KDGQRLGHDRIKRZWRXVHLW EXWLWVXUHIHOWJRRGRZQLQJRQH DJDLQ 6KRUWO\DIWHUWKHSXUFKDVH,HQ UROOHGP\VHOILQDEHJLQQHU·VSKRWRJUDSK\FODVVDQGKHUH,DP +RZZRXOG\RXHTXDWH\RXZRUNWRRWKHUDUWLVWLFIRUPVRIH[SUHV VLRQVVXFKDVSRHWU\RUSDLQWLQJ" 7KLVIRUPRISKRWRJUDSK\LVYHU\PXFKOLNHSDLQWLQJZKLFKLVZKDW 7KHVHLPDJHVZKHUHVKRWLQPDQ\GLIIHUHQWEHDXWLIXOKRPHV ORFDWHGLQYDULRXVFLWLHVVWDWHVWKURXJKRXW$PHULFDDVZHOODV /RQGRQ:KHQ,LQLWLDOO\SUHSDUHWRFDSWXUHDQLPDJHLQRQHRI WKHVHKRPHV,ÀUVWGRDWRXURIWKHKRPHWRGHWHUPLQHZKLFK SHUVSHFWLYHVPD\OHQGWRDZRQGHUIXOLPDJH7KHQZKHQWKH FRQFHSWXDOL]DWLRQDQGFUHDWLYHSURFHVVFRQWLQXHV,FDUHIXOO\ FRQVLGHUWKHPRVWFUHDWLYHDQGLQWHUHVWLQJSHUVSHFWLYHVWRVKRRW WKHPRGHO7KLVPHDQVPDNLQJFDUHIXOPHQWDOQRWHVRIHYHU\LQ VLWHLQIURQWRIDQGEHKLQGWKHPRGHO$EVROXWHO\QROLJKWLVLQFL GHQWDO$OOWKLQJVDUHFRQVLGHUHGDQGXVHG´DVLVµRUPDQLSXODWHG LQVRPHZD\IRULQHYHU\SKRWR :KDW,GRLV´SDLQWZLWKOLJKW·UHGLUHFWVKDGRZVVKRRWIURPLQWHU HVWLQJSHUVSHFWLYHVXVHVSHFLDOOHQVHVDQGYDULRXVSKRWRJUDSK\ WHFKQLTXHVWRPDQLSXODWHWKHLPDJHWRDQH\HFDWFKLQJUHVXOW 0DQ\LPDJHVWDNHQHDUO\WZRKRXUVWROLJKW7KLVLVZK\LWFDQEH IUXVWUDWLQJDWWLPHVWRVKRZVRPHRQHDQLPDJHDQGKDYHWKHP FRPPHQWRQO\RQWKHPRGHO·VEXWW ,VWKHUHJRLQJWREHDIROORZXSWR´5HDU9LHZµ":RXOG\RXHYHU FRQVLGHUDIHPDOHYHUVLRQRI´5HDU9LHZµ" 5HDU9LHZLVWKHODVW´5HDU9LHZDQ\WKLQJµWKDW,·OOHYHUGRORO ,ZLOOVXUHO\GRPRUHERRNVZKLFKIHDWXUHDOORUPRVWO\PDOHEDFN VLGHVEXWQRWZLWKWKDWWLWOH0\QH[WERRNSURMHFWZLOOEHFDOOHG ´&KDSWHUµZKLFKZLOOIHDWXUHIRXUVWULNLQJPDOHPRGHOVZLWK FRPSOHWHFKDSWHURILPDJHVGHYRWHGWRHDFKPRGHO$OWKRXJK DPDMRULW\RIWKHLPDJHVZLOOVWLOOEH´EDFNVLGHVµDJRRGSRUWLRQRI ,17(59,(: 3XUFKDVH5HDU9LHZDW\RXUIDYRULWHRQOLQH ERRNVWRUH ,17(59,(: 6Ҁ$MΕҕȺ1ȪSҕΝOǑ͡ IXODQGXQGHQLDEO\DUWLVWLF0XFKOLNHWKHZD\WKDW,ZRXOGWUHDWD SDUWQHULQDQLQWLPDWHUHODWLRQVKLS :KDWLVWKHRYHUDOOUHDFWLRQWKDW\RXDUHWU\LQJWRLQVWLOOLQWKHDXGL HQFH" ,·YHQHYHUZDQWHGSHRSOHWRHTXDWHP\QDPHWRSRUQRJUDSK\ VXFKDV´)DOFRQµ´&KL&KL/D5Xµ´.ULVWHQ%MRUQµRU´0DWW6WHUOLQJµ 0\QDPHLV´UHDOO\µP\QDPHDQG,ZDQWWREHNQRZQDVDZHOOUH VSHFWHGDUWLVWLFSKRWRJUDSKHU/LNHDQ\DUWLVW,VKRXOGEHDOORZHG WKHXQVSRNHQOLFHQVHWRRFFDVLRQDOO\EHSURYRFDWLYHEXWLWDOZD\V PDNHVPHFULQJHZKHQSHRSOHUHIHUWRP\SKRWRVDV´HURWLFµ0\ KRSHLWVRVWLPXODWHSHRSOH·V´PLQGVµDVZHOODVDQ\RWKHUSDUWRI WKHLUERG\+RZHYHU,DPUHVLJQHGWRWKHIDFWWKDWPDQ\SHRSOH ZLOOQHYHUJHWLWDQGZLOORQO\YLHZP\ZRUNZLWKUHJDUGWRZKDWHYHU VH[XDOVWLPXODWLRQWKH\FDQJHWRXWRILW&·HVWODYH· :KRRUZKDWLIDQ\KHOSHGLQÁXHQFH\RXUVW\OHDQGDUW"'R\RX KDYHDSDUWLFXODUDUWLVWWKDW\RXDGPLUHRUVWULYHWREH" WKHLPDJHVZLOOVKRZHYHU\WKLQJHOVHDVZHOO ,·YHEHHQDVNHGDERXWGRLQJDIHPDOHYHUVLRQRIWKLVERRNVHYHUDO WLPHV%XWP\KRQHVWRSLQLRQLVWKDWWKHUHDUHIDUPRUHVWUDLJKW SKRWRJUDSKHUVWKDQJD\RQHV$QGWKRVHSKRWRJUDSKHUVKDYH DOUHDG\SKRWRJUDSKHGHYHUSRVVLEOHLQFKRIDZRPDQWKDWFDQ EHSKRWRJUDSKHG0\DLPZDVWRVWD\DZD\IURPWKLQJVWKDWDUH IDUWRRFRPPRQ 0RVWLPSRUWDQWO\DVZLWKDQ\DUWLVWWKLVSKRWRJUDSK\LVDIRUPRI ¶VHOIH[SUHVVLRQµIRUPH,W·VGHSLFWVP\SHUVSHFWLYHDQGRSLQLRQ RIZKDW·VPRVWDWWUDFWLYHDQGH[FLWLQJDERXWWKHPDOHSK\VLTXH $QGLWGRHVLWLQDZD\WKDWLVHORTXHQWURPDQWLFUHVSHFWIXOWDVWH +HUE5LWWVZLWKRXWDGRXEW,DOVRPDUYHODW0LFKDHO$QJHOR·V ZRUN,·YHDOZD\VYLHZHGWKHKXPDQERG\DVZRUNRIDUW7KHUH DUHPDQ\ZD\VWRSUHVHQWLWDVVXFK$VORQJDVWKHUHDUHSHRSOH RXWWKHUHZKRXQGHUVWDQGZKHUH,·PFRPLQJIURP,·OOFRQWLQXHWR GRZKDW,GR,GRQ·WNQRZLI,·OOHYHUEHDVZHOOHVWDEOLVKHGDQGUH VSHFWHGDV+HUE5LWWVEXWWKHIXWXUHORRNVEULJKWIURPWKLVSHUVSHF WLYH %DVHGRQDFRXSOHRISKRWRVLV\RXUIDYRULWHPRYLH%RQQLHDQG &O\GH" *LJJOH7KHLPDJHV\RX·UHUHIHUULQJWRZKHUHWDNHQIRUDPDJD ]LQHLQ1<&ZKLFKZDVGRLQJDQHQWLUHLVVXHRQ´EDGER\VJDQJ VWHUVDQGYDULRXVFRQWURYHUVLDOSXELFÀJXUHVµ7KHVHLPDJHVZHUH WDNHQDVSDUWRIDIDVKLRQVSUHDGZKLFKDFFRPSDQLHGWKHDUWLFOHV LQWKDWLVVXH(DFKLPDJHVHUYHGDGXDOSXUSRVHRIPLPLFNLQJD WUXHOLIHVWRU\RUFKDUDFWHUVZKLOHVKRZLQJ RIIVW\OLVKQHZIDVKLRQVE\'LHVHODQG RWKHUFORWKLQJVWRUHV 0\IDYRULWHLVWKHSRUWUD\DORI´/XFN\ /XFLDQRµDQG´-RHWKH%RVVµWZRPRE ULYDOPREOHDGHUVZKRPHWIRUDWUXFH RYHUDORQJOXQFKDQGFDUGJDPHLQDQ ,WDOLDQUHVWDXUDQW/XFN\H[FXVHGKLPVHOI WRWKHPHQ·VURRPDQGE\GRLQJVR JDYHVLJQDOWRKLVER\VWRTXLFNO\VWRUP LQDQGVKRRW-RHWKH%RVV7KLVLPDJH GHSLFWVWKDWWUXHOLIHLQFLGHQWZKLOHVKRZ LQJRIIKLSVW\OLVKFORWKHVEHLQJZDUQE\ /XFN\ &EJUPS*OUFSWJFXXJUI 1FSGPSNFS 4BNBOUIB$IBOFM ,WGLGQ·WWDNHORQJIRU6DPDQWKD&KDQHOWREULQJGRZQWKHKRXVHDW WKH$,'6EHQHÀWDW&OXE6KDNHLQ1HZ%ULWDLQRQ6XQGD\$SULO 6KHQRWRQO\EURXJKWLWGRZQEXWEXLOGXSDZKROHQHZRQHDOO RQKHURZQ'XULQJWKHLQWHUPLVVLRQ,KDGWKHRSSRUWXQLW\WRVLWDQG FKDWZLWKWKHGLYDIRUDOLWWOHLQVLJKWLQWRKHUZRUOG,OHIWVWXQQHG 6DPDQWKDKHOGWKHWLWOHRI0V*D\/DWLQDLQ&RQQHFWLFXW6KHLV 0V/DXUD/DWLQDDQGDOVR0V3ROR )LQHU7KLQJV0DJD]LQH:KRZHUHDQGDUH\RXUUROHPRGHOVLQ WKHHQWHUWDLQPHQWEXVLQHVV"$QGZK\" 6DPDQWKD´,DGPLUH-HQQLIHU/RSH]DQG%H\RQFH7KH\ERWK VWDUWHGIURPWKHERWWRPZRUNHGWKHLUZD\WRWKH WRSEXWWKH\DUHVWLOOUHDODQGGRZQWRHDUWKµ )LQHU7KLQJV0DJD]LQH+RZRIWHQGR\RXSHUIRUP" 6DPDQWKD´,SHUIRUPRQ)ULGD\V6DWXUGD\VDQG6XQGD\VLQ&RQQHFWLFXWDVZHOODVLQ1HZ-HUVH\DQGLQ1HZ<RUN,GRWKUHHVKRZV SHUQLJKWµ )LQHU7KLQJV0DJD]LQH:KDW·VFRPLQJXSQH[WIRU\RX" 6DPDQWKD´,ZDQWWRJRQDWLRQDO0\GUHDPLVWREH0V/DXUD/DWLQDLQ1HZ-HUVH\DVZHZHOODVD SDJHDQWLQ/DV9HJDVµ )LQHU7KLQJV0DJD]LQHZLVKHV6DPDQWKDWKHEHVWDQGUHFRPPHQGVVHHLQJKHUSHUIRUPLI \RXKDYHQ·W\HW 2 '9: #$ . ( ! '- 1; 2 2 < ' 3*2 * 3*2 6!2<!!25 .../0 /$1 2 !34& 4!5*& 6!37# 3 ,#!566'22' #!522# *3!2(! 2!# 2*# 2&! 3=1 . 2 $8 6$8 &91 3$8 !$$ 829 &'() *)+) ),)-) ! "# $% ,17(59,(: 6Ҁ$MΕҕȺ1ȪSҕΝOǑ͡ &20081,7< 4ӅҁΝSҿ̢OHU̙Ⱥ$ͥͥӅ̢ͩUZ 5҅JǑOHMȺ$ͥͥӅ̢ͩUZ$ȪͩUȪS .ǑOZ)FǑSUT 0OȺ$ͥͥӅ̢ͩUZ ȱȱ¢ȱȱȱȱȱȱȱ¢ȱȱȱŗŚȱ¢ȱȱȱ ȱȱȱȱȱȱȱȱȱǰȱ¢ǰȱ¡ȱȱ ȱ¢Ȃȱȱȱ¢ǰȱȱȱ¢ȱȱ ȱȱȱ ȱ ȱȱȱ ęȱ¢ȱ¢ȱȱȱȱȱ ȱȱȱǯȱ DZȱȱȱȱȱȱȱŗŜȱȱǰȱ ǰȱȱ DZȱȂȱ ¢ȱȱȱȱȱȱȱǷȱȱȱ ȱȱĞȱǰȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱ ĴȬȬȱǭȱȱ¡ȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱ¢ǯ ȱDZȱȱȱȱȱ ȱȱ ǯ¢ǯȱȱęȱȱȱȱ ȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱěȱȱȱǯȱ DZȱȱȱȱ ȱȱ ȱȱȱ ¢ȱȱȂȱ ȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱǯȱȂȱȱ¢ȱ ¢ȱȱȱȱěȱȱȱȱ¢ȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱǯ DZȱȱȱȱȱȱȱęȱ¢ȱȱ¢ȱ¢ȱ¢ȱȱȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱ¢ȱȱ Ĵȱȱǭȱǯȱȱǰȱȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȓǯȱȱȱ ȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱȱǻŘŖřǼȱŞśřȬŖŜŖŖǯ ȱ ȱȱȱȱȱȱȱȱ¢ȱȱȱȱ£ȱȱȱȱ ¢ǯȱȱȱȱȱȱȱȱ¢ȱȯǰȱȱȱȱ ǰȱȱ¢Ȃȱȱȱ¢ȱȱȱȱȱǯ ¢Ȃȱȱ 0HHWVWKHÀUVW)ULGD\RIWKHPRQWKDW30 )RUPRUHLQIRUPDWLRQFRQWDFW 0DUJDUHW2·&RQQHOO02&RQQHOO#DROFRP ¢ǰȱȱŗŞǰȱŘŖŖśǰȱǰȱȱ Śȱȱęȱ¢ȱȱȱ ȃȱȱȱ Ȅ Ȭȱ 0HHWVHYHU\6XQGD\IURP30 )RUPRUHLQIRUPDWLRQFRQWDFW 'DQ 'RXJDQG'DQ $P\DQG6XDQQ 7ROOIUHH&7*$< 6HHSDJHIRUGHWDLOVDQGYLVLWZZZFWJD\RUJIRU LQIRUPDWLRQDVLWXQIROGV ȱȱȱȱ 0HHWVWKHUG:HGQHVGD\RIHDFKPRQWK )RUPRUHLQIRUPDWLRQFRQWDFW 0DUOHQH/HMD0O#KRWPDLOFRP ȱȱȱ¢ 0HHWVWKHUG0RQGD\RIHDFKPRQWK )RUPRUHLQIRUPDWLRQFRQWDFW %HUQLH.HWWOH%HUQLH#OPIFWRUJ Ȃȱȱ 0HHWVELZHHNO\RQ)ULGD\ )RUPRUHLQIRUPDWLRQFRQWDFW &KDG2SHUDPDQB#\DKRRFRP 9LVLWZZZFWJD\RUJIRUPRUHLQIRUPDWLRQ &20081,7< 4ӅҁΝSҿ̢OHU̙Ⱥ$ͥͥӅ̢ͩUZ &20081,7< 4ӅҁΝSҿ̢OHU̙Ⱥ$ͥͥӅ̢ͩUZ 7KH1HZ+DYHQ*D\/HVELDQ&RPPXQLW\ &HQWHU )LWFK6WUHHWQG)ORRU 1HZ+DYHQ&RQQHFWLFXW 3KRQH)D[ :HEVLWH ZZZQKJOFFRUJ 7KH1HZ+DYHQ*D\/HVELDQ&RPPXQLW\&HQWHULV H[SDQGLQJLWVRSHUDWLRQVWRSURYLGHEHWWHUVHUYLFHWRWKH FRPPXQLW\DQGORWVRIH[FLWLQJQHZDFWLYLWLHVDQGHYHQWV x x x x x 7KH$QQXDO'RURWK\$ZDUGV *D\%LQJR *URXS7RXUVVHHDG 6XSSRUW*URXSV 'DWLQJ(YHQWV x x x x x $Q(YHQLQJRI:LQH7DVWLQJ *D\%RZOLQJ )ULGD\1LJKW0RYLHV 6HPLQDUV 6RFLDO$FWLYLWLHV DQGPXFKPXFKPRUH :HLQYLWH\RXWREHFRPHDSDUWRIWKH&HQWHU%HFRPHDPHPEHUDQGRUYROXQWHHU&DOOIRUGHWDLOV &20081,7< 4ӅҁΝSҿ̢OHU̙Ⱥ$ͥͥӅ̢ͩUZ ,17(59,(: 6Ҁ$MΕҕȺ1ȪSҕΝOǑ͡ HTXLYDOHQWRIWKH2VFDUIRU%HVW%ULWLVK)LOP$QGWKHFORVLQJQLJKW 1SPVE CZ"OUIPOZ#FOOPDI LV´6WUDLJKW-DFNHWµDFRPLFDOORRNDWD5RFN+XGVRQOLNH$OLVW +ROO\ZRRGVWDUZKRZRXOGGRDOPRVWDQ\WKLQJWRSURWHFWKLVKHWHUR LPDJH )7$QG,VHH\RX·UHVKRZLQJDÀOPUHFHQWO\IHDWXUHGRQWKHFRYHU RIWKH$GYRFDWH0DJD]LQH" -XQHLVDOPRVWXSRQXVDQGWKHWKRXJKWRFFXUUHGWR PH«ZKDWLQWKHZRUOGLVWKHUHWRGRLQ&RQQHFWLFXWIRU*D\3ULGH '0<HVZH·UHVKRZLQJ´(DWLQJ2XWµZLWK'HVSHUDWH+RXVHZLYHV PRQWK"7KHDQVZHUDUULYHGZKHQ,RSHQHGP\PDLOER[DQGGLV KRWWLH5\DQ&DUQHV²WKDWSURPLVHVWREHDQRWKHUEXV\QLJKW7KLV FRYHUHGDVPDOOJROGSRVWFDUGDQQRXQFLQJWKHWK&RQQHFWLFXW ÀOPLVDJRRGH[DPSOHWKDWJRHVWRVKRZZLWKRXWDYHQXHOLNHRXU *D\/HVELDQ)LOP)HVWLYDO<HSWKH\·UHÀQDOO\OHJDO$QGWKHLU ÀOPIHVWLYDOHYHQVRPHRIWKHELJJHVWJD\ÀOPVLQWKHLQGXVWU\ZRXOG GD\ELUWKGD\FHOHEUDWLRQLVEHLQJKHOGIURP-XQH²DW&LQHVWX QHYHUPDNHLWWRWKHVWDWH GLRDW7ULQLW\&ROOHJHLQ+DUWIRUG )76ZLWFKLQJWRWKHSROLWLFDOIURQW&RQQHFWLFXWVHHPVWREHRQWKH ,QVSLUHGE\P\JRRGOXFNLQÀQGLQJWKHSRVWFDUG,UDQWR P\FRPSXWHUDQGW\SHGLQWKHLUZHEVLWHDGGUHVVZZZFWJOIIRUJ FXWWLQJHGJHRIJD\ULJKWV+RZLVWKDWUHÁHFWHGLQWKHIHVWLYDOWKLV \HDU" ,TXLFNO\IRXQGWKH)LOP6FKHGXOHOLQNDQGGHOYHGLQWRDZRUOGRI TXHHUÀOPV,WKRXJKWRQO\H[LVWHGLQ6DQ)UDQFLVFRRU1HZ<RUN7KH '0:H·OODFWXDOO\EHKRVWLQJD*D\0DUULDJH0DWLQHHRQ6XQGD\ OLQHXSRIÀOPVVHHPHGTXLWHYDULHGDQGLQWHUHVWLQJDQGVRPHRI -XQHWKWKDWZLOOVKRZFDVHVRPHJUHDWÀOPVRQWKHWRSLF,GRQ·W WKHSKRWRVORRNHGSDUWLFXODUO\WDQWDOL]LQJ,·PQRWXVXDOO\RQHWRJR WKLQNDORWRISHRSOHNQRZWKHKLVWRU\EHKLQGWKH*RRGULGJH9 WRPRYLHVPRUHWKDQRQFHDPRQWKEXW,LPPHGLDWHO\VDZIRXURU 'HSDUWPHQWRI3XEOLF+HDOWKFDVHWKDWEURNHGRZQEDUULHUVWRJD\ ÀYHWKDW,ZDQWHGWRFKHFNRXW PDUULDJHLQ0DVVDFKXVHWWV´6D\LQJ,'RµWHOOVWKHLUFRPSHOOLQJVWRU\ DVZHOODVWKHVWRULHVRIRWKHUSLRQHHUVLQWKHSDVW\HDU´/DWH:HG 'XWLIXOO\SXWWLQJRQP\UHSRUWHUKDW,GHFLGHGWRFDOOWKH GLQJµWHOOVWKHWRXFKLQJDQGIXQQ\VWRU\RIDFRXSOHZKRÀQDOO\JRW IHVWLYDORUJDQL]HUVWRDUUDQJHDQLQWHUYLHZ'DQ0LOOHWW([HFXWLYH PDUULHGDIWHU\HDUVWRJHWKHU$SDQHORIVSHDNHUVLQFOXGLQJWKH 'LUHFWRURIWKH&RQQHFWLFXW*D\/HVELDQ)LOP)HVWLYDOZDVPRUH ´6D\LQJ,'RµÀOPPDNHUVDQGUHSUHVHQWDWLYHVIURP/RYH0DNHVD WKDQKDSS\WRWDONZLWKPHDERXWWKHIHVWLYDO )DPLO\SURPLVHVDOLYHO\DQGWKRXJKWIXOGLVFXVVLRQ )LQHU7KLQJV6RKRZZRXOG\RXFKDUDFWHUL]HWKLV\HDU·VIHVWLYDO" )7:LOODQ\RWKHUÀOPPDNHUVRUDFWRUVEHDWWHQGLQJWKHIHVWLYDO" 'DQ0LOOHWW/HWPHMXVWVD\WKDWLW·VDJUHDW\HDUIRUJD\ÀOPLQ '0<HVZHZLOOKDYHVHYHUDOÀOPPDNHUVLQDWWHQGDQFHWKLV\HDU &RQQHFWLFXW:LWKVRPXFKJRLQJRQLQWKHSROLWLFDODUHQDDQG VRPHRIWKHPRULJLQDOO\IURP&RQQHFWLFXW%HWV\.DOLQD%ORRP ZLWKWKH*/%7PDUNHWHPHUJLQJLQVXFKIRUFHWKHYDULHW\DQG ÀHOGQDWLYHZLOOEHDWWHQGLQJWKH&RQQHFWLFXWSUHPLHUHRIKHUÀOP TXDOLW\RIÀOPVZH·OOEHSUHVHQWLQJWKLV\HDULV RXWVWDQGLQJ$QGDVDOZD\VZH·OOEHVKRZLQJ PDQ\FOHYHUOLWWOHVKRUWÀOPVDQGFXWWLQJHGJH ÀOPVWKDW\RXZRQ·WÀQGRQ\RXUQHDWO\SDFN DJHGFDEOHRUQHWZRUN79OLQHXS )7,KHDUGWKDW\RXVROGRXWWKHWKHDWHUZKHQ \RXVKRZHG´/DWWHU'D\VµODVW\HDU$UHWKHUH DQ\ÀOPVWKLV\HDUWKDW\RXWKLQNZLOOGUDZDQ RWKHUVHOORXWFURZG" '02XURSHQLQJQLJKWDQGFORVLQJQLJKWÀOPV DUHDOZD\VYHU\SRSXODUDQGWKLV\HDUZHKDYH VRPHJUHDWÀOPVOLQHGXS:H·UHRSHQLQJZLWK WKH1HZ(QJODQGSUHPLHUHRI´0\6XPPHU RI/RYHµDÀOPWKDWUHFHQWO\ZRQWKH%ULWLVK ,17(59,(: 6Ҁ$MΕҕȺ1ȪSҕΝOǑ͡ ´+HDUWV&UDFNHG2SHQµ>VFUHHQLQJ:HGQHVGD\-XQHWK@7KLV 7KH&RQQHFWLFXW*D\/HVELDQ)LOP)HVWLYDOZLOOEHKHOGDW ÀOPZHDYHVWRJHWKHUWKHDUWVRIURPDQFHHURWLFLVPVSLULWXDOLW\ &LQHVWXGLRRQWKHFDPSXVRI7ULQLW\&ROOHJH DQGVHOIFRQQHFWLRQH[SORULQJWDQWUDWKHDQFLHQWEHOLHIWKDWHQ OLJKWHQPHQWFDQEHDFKLHYHGWKURXJKHFVWDV\,QDGGLWLRQZH·UH 6XPPLW6WUHHW OXFN\WRKDYH-DVRQ3ORXUGHD%ULVWROQDWLYHMRLQXVIRUKLVIDVFLQDW +DUWIRUG&7 LQJÀOP´+DUROG·V+RPH0RYLHVµ>VFUHHQLQJ)ULGD\-XQHWK@WKDW )ULGD\-XQH²6DWXUGD\-XQH IHDWXUHVDQXQSUHFHGHQWHGORRNDWJD\OLIHLQWKHWKFHQWXU\ 9LVLWWKHLUZHEVLWHDWZZZFWJOIIRUJRUFDOOIRUGLUHF WKURXJKDFROOHFWLRQRI\HDUVRIKRPHPRYLHV WLRQVRUDGGLWLRQDOLQIRUPDWLRQ$GYDQFHWLFNHWVDUHDYDLODEOH RQOLQH )76RZKDWHOVHDUH\RXGRLQJWRPDNHLWPRUHWKDQMXVWDQLJKW DWWKHPRYLHV" '0:HWKLQNRIWKHIHVWLYDODVPXFKPRUHWKDQMXVWDQLJKWDWWKH ORFDOFLQHSOH[,W·VDQLPSRUWDQWFXOWXUDOHYHQWIRURXUFRPPXQLW\ DQGZH·OOKDYHSOHQW\WRGREHVLGHVMXVWZDWFKLQJPRYLHV2QFH DJDLQWKLV\HDUORFDOUHVWDXUDQWVOLNH7UXPEXOO.LWFKHQ7LPRWK\·V DQG$OFKHP\ZLOOEHWDNLQJSDUWLQRXU&LQHPD&DIpDOORZLQJWKH DXGLHQFHWRFRPHHDUO\DQGHQMR\DPHDOEH IRUHPRVWZHHNHQGVKRZV:H·OODOVREHKDYLQJ DVLOHQWDXFWLRQDQGOLYHDXFWLRQDJDLQWKLV \HDUZLWKLWHPVXSIRUELGOLNHDSDLURISODQH WLFNHWVWRDQ\(XURSHDQGHVWLQDWLRQDQGD1HZ (QJODQGWR1RYD6FRWLDFUXLVH$QGDVDOZD\V RXURSHQLQJDQGFORVLQJQLJKWSDUWLHVDUHDORW RIIXQZLWK'-VGDQFLQJIRRGDQGGULQNDYDLO DEOH,W·VWUXO\JRLQJWREHDJUHDW\HDU *D\)XQ7RXUV &HOHEUDWLQJ7ZHOYH<HDUVRI6HUYLFHWR &HOHEUDWLQJ7ZHOYH<HDUVRI6HUYLFHWR 2XU&RPPXQLW\ -RLQXVRQRQHRIRXUH[LWLQJWULSVWR 0RQWUHDO7RURQWR3$'XWFK&RXQWU\,WDO\ 2UMXVWUHOD[RQRQHRIRXUGD\WULSV 2UMXVW W UHOD[RQRQH RIRXUGD\ WULSV 1<%RVWRQ 1H[W 7ULS 0RQWUHDO/DERU'D\:HHNHQG6HSWHPEHU 1H[W7ULS0RQWUHDO/DERU'D\:HHNHQG6HSWHPEHU 7ROHDUQPRUHDERXW*D\)XQ7RXUVDQGLW¶VXSFRPLQJWULSV 9LVLW RXU ZHE VLWH ZZZJD\IXQWRXUVFRP RU FDOO 9LVLWRXUZHEVLWHZZZJD\IXQWRXUVFRPRUFDOO i-PPL#BDL0O.Fw/FX&OHMBOE$FMFCSBUFTUIFUI "OOJWFSTBSZPG8BMU8IJUNBOT FEJUJPOPG-FBWFTPG(SBTT $QH[KLELWLRQFRQVLVWLQJRIFRORUIXODQGZKLPVLFDOLWHPVHPERG\LQJ:DOW :KLWPDQ·VQDPHDQGLPDJHLQFRPPHUFLDODGYHUWLVLQJ7KHLQWHQWLRQRIWKLV H[KLELWLVQRWWRPDNHDFULWLFDODSSUDLVDORIKLVZRUNEXWUDWKHUDOLJKWKHDUWHG DSSURDFKWR:DOW:KLWPDQ -XO\VW²6HSWHPEHU 5HFHSWLRQ7KXUVGD\-XO\WK²30 ,QDGGLWLRQVHYHUDOPDMRUHYHQWVDUHEHLQJSODQQHGIRU6HSWHPEHUQGDQG UG$SHUIRUPDQFHRI´,6LQJ7KH%RG\(OHFWULFµDFRQFHUWRI:KLWPDQVRQJV DQGVHYHUDOGLVWLQJXLVKHGYLVLWRUVWROHFWXUHDQGWDNHSDUWLQSDQHOGLVFXVVLRQV &HQWUDO&RQQHFWLFXW6WDWH8QLYHUVLW\ %XUULWW/LEUDU\²1HZ%ULWDLQ&7 KWWSOLEUDU\FFVXHGXOLEDUFKLYHV:KLWPDQLQGH[KWPO &RQWDFW)UDQN*DJOLDUGL (PDLO*DJOLDUGL#FFVXHGX
Similar documents
DOORBELL INTERFACE
5IFSFDPSEJOHQSPDFTTXJMMFOEBGUFSTFDPOET XIFOJUJTDPNQMFUF UIFSFDPSE-&% UVSOTPGG 1SFTTJOHUIFSFDPSECVUUPOBOZUJNFCFGPSFUIFTFDPOETIBWFFMBQTFE BMTPFOETUIFSFDPSEJO...
More information