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lakeside

06/10/08 2:52 PM

#10122 RE: onco #10121

Best comment of the day.
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Deadheded

06/10/08 3:50 PM

#10134 RE: onco #10121

onco, so what choice does he have? He can quit or he can sell shares to fund the company. Either he walks away with nothing or he funds the company with hopes of increasing SP at a later date. If you know of another option please let me know...

I did not say they were good options but what else is there.




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LOL

06/10/08 6:41 PM

#10143 RE: onco #10121

Just because he doesn't know how to run a company doesn't mean it's a scam. He was the marketing guy at Hansens before Monster blew Hansens up, he wasn't the CEO, and that was at a time when the only other major energy drink was Red Bull. He's been out of this game for a while now, he's not a big baller in the drink game, yes he has connections, but not like if he was the CEO of a major. Being the CEO and being the marketing guy are two very different jobs, unfortunately he may be good at one but not the other, and unfortunately he's getting funds from the market instead of from a bank or private investors. This is a start up, plain and simple, so they have to do what they have to do to get it up and running. If they have to take it to a billion shares and then r/s and start over with a clean slate, then that's what they have to do. If you want a company that already is established that's what NASDAQ and the NYSE is for.IMO