Microphonics Inc. (mrps) Message Board

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Microcap & Penny Stocks : Microphonics Inc. (mrps)

MRPS 0.0001000

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Jan 9 4:00 PM EST

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To: learnstocks who wrote (3903)	3/17/1999 6:07:00 AM
From: Jon Scott	Read Replies (1) of 8189

Vic Where did you hear or why did you say that they fired their CFO? As far as I know, they never had a CFO. Jimmy didn't fire himself You and many others here are under the wrong impression that once a company goes public, 12 new employees come walking through the door. That's wrong. A perfect example is WCAP. 3 employees. Check out their market cap. Another is PERS. 1 guy, Michaels, wears all the hats. Being public does not mandate a roster, just that more paperwork is needed. If I recall, MRPS only went public very recently as a result of a reverse merger into a shell. Just because a company is public, it still has many of the same problems and decision as any other small business. And they're certainly not going to hire a valet parker and a personal pilot for the new corporate jet at start-up. I never hired individuals for each task within my business either. Always did what I legally and practically could do myself. And there always was the quandary of balancing the workload with the workers.

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