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Re: lrice post# 12268

Wednesday, 11/29/2006 12:07:22 PM

Wednesday, November 29, 2006 12:07:22 PM

Post# of 63795
Can it be fair to say that while the company seed is still in the ground, it is not fair or right to donate the 10% of net profits to charity while it is still growing (i.e. for a few years). And don't being to donate until the company feels that they have enough net income to stop reinvesting all the profits in the company and and being paying an actual cash dividend to shareholders? (i.e. don't give money to charity UNLESS you are ALSO paying a cash dividend to the OWNERS of the company?)

I personally belive that it is irresponsible of the management to donate profits when it should be reinvesting all of those profits in the company or paying it's shareholders first.