Linnor:

Jerry, Harley & Nicky discussed yesterday our options regarding the two properties (both transacted under our name although one is already paid for by Mama) and it seems that our only alternative is to sell the condo. Mama is amenable to this and in fact negotiated to buy another property in Manila if we are able to sell the condo at a good price. Our major prayer request now is for GOD to lead us to this elusive buyer who will buy the property at a fair price.



Brought Jerry to the airport this morning. He will be meeting with the Phillip Morris guys to finally end the distributorship contract that has been awarded to the family many years back. It's a bittersweet development for both parties after being in business for a long time. For the last 2 years or so, business with them has been stifling the family corporation because of the many changes imposed by PM. The family thought it wiser to give it up than to infuse more capitalization. On a brighter note, the Astro cigarettes which the family corporation chose to distribute in place of the more expensive Marlboro & Phillip Morris brands are selling very well in this part of the country. And I believe it's another God-given opportunity!