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Tommy Two Times

09/19/18 10:17 AM

#19084 RE: brainiac54 #19083

If anyone else is interested in starting a BOD you better read this first.

https://techcrunch.com/2016/11/05/what-you-need-to-know-about-startup-boards/

First let's see how many people on here are interested. It will be a lot of work. And you won't get paid at the beginning. Remember we don't know what kind of sales we have. We don't know how many shares outstanding we have. We can't just start a board and start issuing shares or options and dilute this company any further. The purpose of the Board is to protect shareholders. Also there is compensation paid to members for travel. Doubt Leep has any funds for that. Not sure how we get our first members. How do we vote for the first members? Do we have a shareholder meeting somewhere and vote our shares? If not we would need to mail a shareholder proxy for shareholders to vote. That costs money.

May need a lawyer to start.

Any thoughts? Anyone?