InvestorsHub Logo
Followers 4
Posts 645
Boards Moderated 0
Alias Born 05/01/2007

Re: GIBBER post# 5436

Saturday, 03/29/2008 4:32:34 PM

Saturday, March 29, 2008 4:32:34 PM

Post# of 11473
Gibber - shareholders can change the board of directors, not managers. The board chooses the President, and the President chooses the managers. To change the BOD's you will need at least 51% of the shareholder vote. I doubt retail shareholders have that. For this business model to work you will need the current board.