INDIANAPOLIS, Ind., October 14, 2008 – In the interest of full disclosure, management is once again providing this quarterly report on the operational activities and overall production outlook for May Dreams Gardens (GSE-MDG).
This report covers the time period from July 1, 2008 through September 30, 2008. The previous report covered the time period from April 1, 2008 through June 30, 2008, and may be cross-referenced to this one for a clearer assessment overall.
In the area of mowing, as of the end of September 2008, the lawn had been mowed 36 times which was fewer times than anticipated, thus resulting in a conservation of energy on the part of the gardener and a reduction in fuel costs compared to predictions. However, as there was very little rain in August and September the reduced fuel costs were offset by an increase in water costs, due to supplemental watering.
Production activities in the vegetable garden continued but with an overall decrease in production due to the lack of rain. Tomato production was down compared to previous years and the first tomato arrived much later than anticipated, yet still a record was set for the World's Ugliest Tomato.
It was noted that in the third quarter, a new video division of May Dreams Gardens was spun off, with mixed results.
In the area of expense and income, it was noted that the 3rd quarter is traditionally a time of revenue in the form of fresh vegetables as all the raw materials in the form of seeds, soil, and plants begin to bear fruit and indeed, the increased production did offset the expenses, as anticipated. However, it is noted that accounting procedures are quite lax at May Dreams Gardens and this financial analysis is based on sheer conjecture on the part of the head gardener, who, truth be told, does not like to track expenses spent on the garden.
It was also noted that overall flowering was good through most of the quarter, as noted in various Garden Bloggers' Bloom Day posts for July, August, and September. A particular highlight was the blooming of the night-blooming cereus in July.
The October report to be filed for Garden Bloggers’ Bloom Day on October 15th will show some new flowers, but future bloom posts for the quarter may be more colorful if leaves are considerd as blooms for those months.
Management and staff were noted to be more absent from the garden during the dry, hot days of August and September, which resulted in the lack of completion of some necessary gardening tasks such as mulching. And weeding. However, with a concentrated effort in the 4th quarter and an embrace of hard work, it is presumed that the garden can get squared away before winter arrives in December.
As in the past quarter, all of management and staff are encouraged to continue to look for opportunities to learn more and bring this knowledge back to the garden, while at the same time completing the plant catalog of the garden and the gardener’s life list to provide focus, as time permits.
Analysts believe there should be windows of opportunity (WOO) to complete these activities, but are not optimistic about planned garden expansion.
However, analysts are optimistic that May Dreams Gardens, the blog, will reach a particular milestone within the quarter and management is encouraged to allow for a brief celebration of this event when it occurs.
(The forward-looking statements included in this release are made only as of the date of this release, and we undertake no obligation to update any of them to reflect subsequent events or circumstances.)
How’s your garden doing?