Opening Remarks:

Ladies and Gentlemen, I want to thank all of you for being here.  There are some very important decisions we need to make as to how we are going to stop the bleeding.  There is no reason for me to sugarcoat anything.  If we want to stem the tide , we are going to have be disclose everything to our stockholders, customers, media, and investigators.  We received confirmation this morning that the problem with the products originated in our factory.  I feel that we need to be completely transparent here.  By being transparent, we will show that we are cooperating in good faith and trying to get to the root of the problem.  If we all chip in and do our part, hopefully this will all blow over quickly. Does anybody have anything they would like to add?

B) I’d like to offer my two cents……………..

stem the tide— to stop a very strong (usually negative trend)

to blow over—  to subside, wane, or pass over with little lasting effect.

disclose— to share everything openly.

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