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Why did you sell the business to iExalt in the first place?

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Why did you sell the business to iExalt in the first place?

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A. iExalt pursued us in late 1999 because of our strong national reputation for running the most successful and largest Christian newspaper operation in the U.S. It seemed to fit very well into their overall business plan for establishing a publicly-traded Christian products and media company. We were at a point that we needed major capitalization to fund our business plan for a nationwide chain of Christian papers, and they assured us they had the resources to make that happen. It appeared at the time to be the right decision for both companies.

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