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AN IMPORTANT ANNOUNCEMENT FROM FLEXPETZ
In July 2008, the company put operations on temporary hold. Since launching
in early 2007, the concept, while often misunderstood (or deliberately
maligned as part of the agenda of others), has been a great success.
FLEXPETZ is seen by many sensible and intelligent animal lovers as a revolution in dog adoption, and
has been well supported. It has helped dogs and families, and has been a
financial success. However, early in 2008, politicians from Boston decided
to mount a campaign specifically targeting FLEXPETZ. Their agenda was to
bring in a law "banning pet rental". The proposition was introduced by these
elected politicians who NEVER spoke to the company, or visited our
facilities, or met our dogs or spoke with our members. If they had, they
would have quickly realized that FLEXPETZ is not a "Blockbuster for dogs",
but a new way of approaching responsible dog adoption and ownership.
Although this law in Boston was passed, the legislature's failure to contact
FLEXPETZ ensured that the law that was brought in is ineffective and a waste
of taxpayer's money - and is likely to lead to the death in shelters of
hundreds of dogs that could have been placed in homes by FLEXPETZ. However,
the actions of these politicians (supported by the likes of the MSPCA who
perhaps fear that this new adoption model might affect their own bottom
line) did
come at a time when our company was ready for expansion and the pending
proposed legislation did halt further investment from our main funder.
FLEXPETZ gives our members an opportunity to carefully evaluate dog
ownership while at the same time, funding a great quality of life for our
dogs. And the system works: FLEXPETZ dogs generally stay with FLEXPETZ for
an average of 90 days before being adopted on a permanent basis by a member
family. The FLEXPETZ experience gives our members a real understanding of the
responsibilities of owning a dog - and ensures that the dog finally gets
their "forever" home.
So where does this put FLEXPETZ? The concept, the proprietary systems and operation
model are tried and tested. When operating, FLEXPETZ has been profitable and
has opened locations both in the USA and internationally. Independent
auditors valued the company at $98 million at the beginning of 2008 - in
all, not bad for a year old company!.
FLEXPETZ continues to receive dozens of inquires every day from willing future members who want
FLEXPETZ in their vicinity. But in order to proceed with the planned
expansion to 100+ locations, we have two options: either obtain new capital
OR license the FLEXPETZ model to a an interested party. Either option will
allow FLEXPETZ to resume operations and grow into a business that will
achieve its projected multi-million dollar earnings - and unite thousands of
dogs with new owners.
If you are interested in licensing or other forms of financial partnership, please contact us by email at
inver@flexpetz.com - and thank you for supporting FLEXPETZ.
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