Cytogenix (fka CYGX)

[hdhick]

Stockholders do not have any authority or power to fire or hire any management or employees of a corporation. They do elect by majority vote, the board of directors And in a properly run company, it is the board that manages the longterm vision of the company and they choose the management to achieve that vision.

Stockholders are often under the mistaken impression that simply being one, gives them certain powers. No. It gives them the opportunity to vote for specific directors.