The Children's Beverage Group (TCBG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : The Children's Beverage Group (TCBG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Earl Falwell who wrote (2194)	12/11/1998 1:21:00 AM
From: Mister_Ex	Read Replies (1) of 2452

You are right Earl. Jon's common stock is restricted and doesn't become tradable until June or July '99. After that he can only sell 1% per quarter. I believe he owns 40% of the common. He also owns a ton of preferred stock that doesn't trade but the voting rights for this stock essentially guarantees him control of the company. He's a smart man to make his life simpler. No committee decisions to slow things down, get in the way, or other decision makers to blame if things don't go well. This is Jon's baby - streamlined for success if he plays his cards right. As I said before, he has every incentive to maximize the value of the company. Mister Ex

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next