Dear Friends:

It is with a hint of regret and sadness that I pen what should probably be my last official letter (if not the last official letter) with this letterhead. As some of you have probably already heard, Dream Weavers Events, Inc. is no longer doing business and will shortly be dissolved as a legal entity. Dream Weavers Events, Inc. stopped doing production as of December 24, 2000 and all our insurance was cancelled effective January 5, 2001.

If there was any particular item that struck your fancy, or can't live without, please be aware that until the end of January, we still have the Taft Street Warehouse and will be selling off our stock to fulfill our financial obligations.

For those of you who owe us money, we still expect you to pay us, for those we owe we do expect to pay you. Our final accounting is being handled by Rogers and Associates in Olney, MD (who are great accountants by the way (hey Jeff, should that ad be worth some discount?)) and as the receivables come in, they will be used to pay off our existing debts. We have stopped accruing new debt and as near as I can tell (with my non bookkeeping brain and the help of Quickbooks) we should be able to pay our old debt in full as our receivables arrive. Please be patient with us in the payment of our debts, we are literally waiting on the cash flow to allow us to fulfill our obligations and appreciate your understanding.

I would like to take this time to thank each and every one of you. I can honestly say that it has been a great 18 months that was filled with fun and learning. I have always loved what I did, and when I stopped loving it, it is time to move on. We did some great events, and then some not so great ones (Woodies Halloween springs to mind), but they were all fun in their own right.

To answer the question - "What Happened" as briefly(and honestly) as possible let me say the following -

Our business requires style, art, creativity, dedication, business sense and a certain flair that not everyone possesses. Unfortunately as we grew we could not find the right people to put into the right places to guarantee the events occurred without working every event ourselves. It is not where we wanted to be. The glories of self ownership are great, until you realize that you are the one who shows up early, comes in on your day off and still ends up making $10/hr for all the time you put in while your help is making more than you are. That gets old after a while. Simply put, we couldn't find the support system to make the events happen. We thank you that the business was definitely there, and that it was profitable, but the burnout factor just caught up to us.

 
I am sure we will be in touch with each one of you personally as time progresses and things move forward. I am available at 301-510-6986 (pager) which has been a great way to track me over the years (10 years with the same pager number now - do I qualify for Guinness yet?) and Mike is available at 301-980-4035. Or you can reach us at Pat.Barnes@DreamWeaversEvents.com or Mike.Thibodeau@DreamWeaversEvents.com for the next several months. I will be staying in the area for the time being, while I am not sure if Mike has any definite plans (maybe he will invite us all to his island in Cancun that he bought with that Presidential salary and benefits).

I have tried to keep it light, and fun throughout this process. Please keep in mind life is a journey, this part of the trip is over, but it is by any means not the end. That is not how we look at it, you shouldn't see it that way. We will all work together again eventually, I am sure. The events world is too small a place.

The words will never convey the depth but -

Thank you

Pat Barnes