DNAprint Genomics (DNAG)

[frogdreaming]

worktoplay,

>>Wouldn't you agree that control of the business plan places us in operational control of the company?


Absolutely NOT!

A lot of companies have 'business plans' they all mean different things. Here where I work the business plan has numerous flavors. There is the 'one year plan', the 'five year plan' and the 'ten year plan'. They are constantly being updated and modified as the company progresses. They are the work of a group of middle managers (directors and VP's) that are mostly concerned with the sales and marketing side of the company. They don't run the company.

In most cases the business plan is an estimation of how you intend to progress financially as you grow your business and exploit your given expertise. If you are starting your own small business you create a business plan and take it to the bank who then decides whether to loan you the money to move forward. If you are an established business and you are looking to get a line of credit to assist your cash flow then you get your accountant to write you up a business plan to take to the bank.

Giving your support to management is a very PC thing to do, regardless of your position. To suggest that they have the power to remove them based on such a statement is a stretch. Most of the hiring and firing of upper management is the purview of the board of directors. I can't help but think that any entity that had voting control of a company would have more than two members on a six member board. They would have at least three as well as the chairmanship.

As far as continuing to discuss this thread, I'm sure you will remember your offer to respond to my question as soon as I responded to this one.

http://www.investorshub.com/boards/read_msg.asp?message_id=4343833


I look forward to your response.

regards,
frog