MCL Settles Labor Dispute; Expands Operations in Raleigh
FOR IMMEDIATE RELEASE
July 10, 2005
“Miracles happen to people everyday in so many different ways. With the help and prayers of our family, friends and exceptional medical professionals, we began to live our own,” said Convertible Girl, partner and co-founder. “Our hearts are overflowing.”
Junius is a healthy baby, currently resembling his father. He weighed 8 pounds and 12 ounces and measured 20.5 inches long at birth. His first name is believed to be a distant family name on both sides and means “God has been gracious.” His middle name means “noble” and is also the name of his father. His official start date is July 8, 2005, at 3:57 p.m. He is the first full-time employee of the firm.
Dr. KB, of the Office of OB-GYN, led mediation efforts and performed all surgical procedures. Ms. S, RN, provided labor and delivery assistance throughout the day.
“This is a water-breaking moment for our firm,” added Spin PhD, partner and co-founder. “We’ll now have more feet and hands on the ground as we grow and explore new opportunities. We are tired, but very excited for the future.”
While the expansion will hit the firm’s balance sheet immediately, management is considering a variety of tax strategies to offset expenses associated with the initial investment. Angel investors have already provided in-kind support through furniture, supplies, clothing and friendship. The firm maintains a very positive long-term outlook for a strong return to original and subsequent investors. There are no immediate plans for additional expansion.
MCL was formed in 2001 through the merger of Convertible Girl and Spin PhD, then located on the campus of UNC Chapel Hill. The addition of staff had been anticipated since October 2004, but the gestation and birth processes and jumbo size of the baby prevented the firm from expanding sooner.