"He is the majority share holder so even if he was a 50 man band he would still do what he wants."
if he ran a 50 man operation he would likely make some ultimate decisions but he wouldnt necessarily do what he wants....he would have a cfo who would clue him in to the advantages and disadvantages of doing certain things...maybe he would have a coo who would make a lot of the day to day decisions...maybe he would have a person in charge of marketing and sales who would make a lot of decisions...etc...
the idea that nothing would change in that scenario is not logical...
and i have never heard ANYONE say the float should equal the os so i dont know what that was all about at all...
"You sound as if you think Kim would have someone to answer to if he had 50 people working for him."
in essence he would..when you are a one man band, there are no checks and balances...no accountability...no one else to turn to or be responsible for...
when you have 50 employees, as i stated, you will also have an executive or two, managers and others who will have input that you will have to listen too...like it or not...you will have many other employees that you have a responsibility for...
"he will just do whatever he wants"....not anymore he wont..
"It doesnt matter how many people are involved. If you are a share holder here you either trust the CEO or you sell."
if i only bought stocks in companies where i "trust" the ceo, i wouldnt own any stocks...i dont "trust" any ceo...trusting a ceo in this day and age is foolish...i feel a lot more comfortable tho with a ceo who has a track record of accomplishments...who has demonstarted that he can "get er done"...and that aint kim..
"guess some people who have money to burn would want him to hire 50 people just so that they can think a company is "real" I personally look at what assets the company has vs where they are spending money."
why would anyone want kim to hire 50 people?...i have heard it mentioned that he needs a pr guy and a salesman...and if kblb is anywhere near where people think they are, then a cfo could come soon after the others...i count that as 3 people..
the company has no assets...perhaps some staplers and paper clips...but so far, nothing else that anyone is willing to pay for...patents?...at this point they are barely worth the paper they are written on...
"I will take a company with quite a bit of IP and a product with a CEO who is counting his money every 15 min any day."
personally i prefer a company that has a product that people want to buy...the company can have a thousand products but if no one wants to buy them, then the ceo (and shareholders) wont have any money to count...
well actually, since the ceo gave himself his sahres and they didnt cost him anything, it doesnt matter at what pps he sells them at...its all profit..
"Kim is welcome to his controlling interest. He is doing quite well with it."
the fact that kim has a controlling interest has never been an issue...his lack of accomplishing anything is...
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