InvestorsHub Logo
Followers 107
Posts 12913
Boards Moderated 2
Alias Born 09/17/2009

Re: sirant post# 130566

Thursday, 06/30/2011 4:01:21 PM

Thursday, June 30, 2011 4:01:21 PM

Post# of 212244
According to the ESA, Lee was to elect three people to the BOD and he would have had a majority control plus he was getting a majority of the stock. However, Knobbes had to send Lee a leter requesting him to deliver the things agreed upon. And from there it just went south. I am a long and I do not like the endless bashing that has been going on. But I will admit that these two guys can simply not work together on the same BOD. Therefore, they need a new business plan that will allow the corporation to move forward. A permanent solution to prevent the future trainwreck.

My suggestion is simple. They agree to hire a new CEO or management team to come into the picture and run the show. Give the boys their shares and let the corporation live. Lee can handle the technical end of the Harp and Paul can just work on sales. Keep these two boys an ocean apart. But neither one needs to be making corporate decisions with both on the BOD because that is a road straight back to court.