To: AC Flyer who wrote (2183 ) 12/9/1998 1:34:00 AM From: mark cox Respond to of 2452
AC, I don't see why you and Cavalry have such a concern for Jon having control of this company. Jon started this company, his expertise is in the beverage industry. He's the one who had the vision to do what this company is trying and actually doing. I don't know if he was the actual person that invented the Rip It Sip It, does anyone know? What I'm trying to say is the whole TCBG package is his 'baby', without him we wouldn't even be talking about TCBG right now. During this developmental stage of the company I am glad that Jon has sole power of the company. He's the man with the plan. A few months ago TCBG was working on producing product for 2 companies, today it is 36 companies. Do you think he is doing a good job? Would you rather take away his control of the company and have several lesser men/women be in control who don't have Jon's vision and know how? If you think he is going to rob us blind then maybe you shouldn't invest in the stock. If he has a majority of the shares then where is his wealth? That's right its in the stock. What is his incentive then? It's to increase the value of the shares and that's what we want as well. Many micro cap companies have CEO's who own over 50% of the stock. My other favorite stock has a CEO who owns 68%. That is one of the reasons I bought it. He has vision as well and I'm glad he's the one who makes all the decisions. You want the smartest guy in control. If you had an idea and started a business would you want the bank who loaned you the money to tell you how to run your business or would you want complete control? I'll tell you another big reason that I'm happy he's in control. Let's say that in a year TCBG has a hundred retailers on board and is putting a dent in Kraft's Capri Sun revenues. They see the writing on the wall and decide to buy out TCBG to once again have a monopoly on the pouch industry. Short term it would be nice for shareholders to get a pop with the buyout but it would only be a drop in the bucket compared with the long term growth of TCBG on its own. So Jon being a majority shareholder could stop any takeover. It's funny that all you can do is post about Jon having too much control and you don't say anything about an additional 34 companies coming on board. Let's not forget who else TCBG is aligned with:BDO Seidman LLP CPA , one of the nation's largest accounting and auditing firms.Daymon Associates, Inc. , the largest corporate brand sales and marketing organization in the USA. The Power Group operates 24 facilities in 4 countries and has been providing manufacturing outsourcing to Fortune 100 customers for over 30 years. Sweet Ripe Drinks Ltd. is the largest privately owned tetra manufacturing facility in North America.Cliffstar Corp. , the nation's largest private label juice manufacturer.Winn-Dixie Stores, Inc. is a food retailer with 1,168 supermarkets.Wal-mart no description is necessary. It seems that Jon is doing an excellent job to me. Mark