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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'>Dear Capri 25 Fleet,<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'>I am interested in forming a three member panel that would work with the Capri 25 fleet to organize the purchase/sale of critical Capri 25 parts, e.g. masts and pulpits. <o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'>It is my hope that the three member panel would work to:<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><font size=2 face=Symbol><span style='font-size:11.0pt;font-family:Symbol'><span style='mso-list:Ignore'>·<font size=1 face="Times New Roman"><span style='font:7.0pt "Times New Roman"'> </span></font></span></span></font><![endif]><font face="Segoe UI"><span style='font-family:"Segoe UI","sans-serif"'>First, work quickly to monetize the potential freight savings associated with the fact that two boats (Wahoo, Molly Busses) are in the process of shipping masts to Minneapolis. As a fleet, we could capitalize on the fixed freight costs associated with this sad situation. This has been talked about before, now is the time to make this happen.<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><font size=2 face=Symbol><span style='font-size:11.0pt;font-family:Symbol'><span style='mso-list:Ignore'>·<font size=1 face="Times New Roman"><span style='font:7.0pt "Times New Roman"'> </span></font></span></span></font><![endif]><font face="Segoe UI"><span style='font-family:"Segoe UI","sans-serif"'>Second, to set up strict long-term criteria that would guild the purchasing of critical parts so the fleet is not saddled with a silly pile of parts or driven politically to buy things that don’t help the fleet in total.<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoListParagraph style='text-indent:-.25in;mso-list:l0 level1 lfo1'><![if !supportLists]><font size=2 face=Symbol><span style='font-size:11.0pt;font-family:Symbol'><span style='mso-list:Ignore'>·<font size=1 face="Times New Roman"><span style='font:7.0pt "Times New Roman"'> </span></font></span></span></font><![endif]><font face="Segoe UI"><span style='font-family:"Segoe UI","sans-serif"'>Third, we could build a data inventory of names/numbers of part manufacturers and dealers that boat owners could use to get critical parts on their own. In this way, we could build a cadre of parts suppliers that could help the boats down the line.<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'>If you are interested in helping execute this initiative, I want to hear from you. After we get our three ACTION CAPRI members, we can work with our Fleet Captain and make this happen.<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'>Sincerely,<o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'>John Speltz <o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'> <o:p></o:p></span></font></p><p class=MsoNormal><font size=2 face="Segoe UI"><span style='font-size:11.0pt;font-family:"Segoe UI","sans-serif"'><o:p> </o:p></span></font></p><p class=MsoNormal><font size=2 face=Calibri><span style='font-size:11.0pt'><o:p> </o:p></span></font></p></div></body></html>