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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Dec 4 4:00 PM EST

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To: Zeev Hed who wrote (8142)12/7/1997 1:26:00 PM
From: CVJ  Read Replies (1) of 13091
 
Zeev,
To further illustrate your point. Back in the 60's I worked for a small mfg company. The entrpreneur who started it eas able to keep track of everything until sales reached about $1MM/yr (today=?, $4MM?) and then sold to his younger exec v-p who was onboard with him shortly after start-up. He in turn ran out of the right stuff at $8MM sales volume (today=$30MM?) and was replaced by others who in turn took the sales to $25MM (today=$90MM?) by the mid 70's. The co. was then sold "to move to the next level", to a Canadian competitor who promptly took the customer list and tools and blueprints and went to Canada. 400 people out of work in a town with 20,000 population, basically as a result of mgmt failure to see what was happening to the business.

No real point to this tale except that this co. ran into a mgmt skill "barrier" at different sales volumes that they were lucky enough to maneuver until the last one when the luck ran out. It takes an evolving set of mgmt skills to keep a co. viable and a lot of entrepreneur start-ups fail because the entrepreneur can't let go of his baby and put the requisite skills in place to grow beyond the mgmt skill barriers as they arise.

I wonder where GRNO and B.C. are located on the growth curve?

Chas
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