MeritDirect Event Panel Heading Back to the Future, Part 1

Nelson: This will be the first year we’ll have a revenue decline over the year before for any company I’ve been with. We grew 35 percent in 2007 with the same number of people we employed in 2006. We slowed it down a bit in 2008; then ’08 slowed down on its own. Now we’re down 16 percent over last year.