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Rodger90

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Rodger90

Re: armour1955 post# 38800

Monday, 06/16/2014 3:27:49 PM

Monday, June 16, 2014 3:27:49 PM

Post# of 54103
I disagree, the board would not have acted unless they were 100% sure in the legality of what they were doing. From the corporate bylaws Debbie posted, it looked completely legal what the BOD did. Manu is kidding himself if he still believes he can regain control.

People were not working for free. Potentially, the management team was working for below market pay and the founders for free. However, I think they were hiring because of the way overhead grew over the last few months. I always thought the number of people working for the company was excessive given the small number of projects they were working on.
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