Our MD is Dumb with capital 'D'

Our small company's Managing Director is such a case... full of good intentions and very religious, but dumb like I don't know what.  Instead of spending so much time in his superstitions, how about spending a little more time thinking analytically?

We have a small advertising project in cooperation with another company.  We were going to help find the customers by managing the salespersons and the reservations for the advertising space.  The other company was going to take care of the accounting, printing and distribution.

Our part is not so complicated, but our MD took forever to put his head together on this -it was all kind of complicated for him.  I'm not sure I should write here all of the details cause it just infuriates me.  But two days ago, he tells me rather happily that our partner company has found another company that already does some similar advertising campaign, and they'll probably do us the favour of finding the customers.

At the moment I heard this I thought it was kind of strange he was upbeat about being off the hook on this.  So I waited several hours to watch him... maybe I missed some detail and that's why I'm missunderstanding him?  But late in the afternoon I'm too bothered by this and ask him directly:  So now we don't take care of finding customers, we don't prepare the printings, we don't distribute the flyers, we don't do the money accounting; we don't contribute anything to this project.  Do you still think that we'll get a 30% slice out of this advertising campaign even if we didn't help in anything?

He looked at me for a few seconds thinking very deeply, and then he came back to his senses:  Oh, I see what you mean.  No, but I think maybe...

Duh!