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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: gary g who wrote (6023)5/21/1999 2:55:00 PM
From: BarbaraT  Read Replies (2) of 6931
 
By the way ... I strongly disagree that it is Don's company and he can do what he wants. If he wants to run it as "his" company, then he should not have taken it public. However, since it is a publicly held company, it is most definitely not "his" to run however he wishes and that is why it is imperative that the board be expanded to include members who are not handpicked and who have the interests of the company and its shareholders represented. As it now stands, it is truly Don's decisions as to company policy, including bonuses, salaries and options ... not even a proper committee to decide this. Rather self serving, to say the least.

As an added by unnecessary comment ... I do not believe that Don was living on crumbs while getting this company off the ground. In no way can I believe that a husband and father of 2 small children who has any common sense would put his "entire" net worth into a company and risk his family's well being. But, that can not be proven either way - but sure sounds good insofar as awarding yourself bonuses and raises.
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