Madhulk  +  609981 Thu, 11 Dec 08 04:28 PM Lex: If we can raise the capital for an employee lead buyout, we can keep the plant running. Manager: Buyout? Lex: I can raise nearly 90% of the capital. Manager: What about the rest? We're supposed to mortgage our houses? Lex: It's a risk, I know, but in exchange, the investors (He's refering to them, right?) will become minority owners. Gabe: Doesn't your father control the board (of directors)? What makes you think he's gonna go along with a buyout? Lex: I know a couple of members I can convince, and I don't need a unanimous decision. I'm offering you the chance to take control of your own destiny. Stand with me, and we will win. Madhulk Joined on Mon, Dec 17 2007 Bulgaria Senior Member 3,177 THE MAN OF STEEL Plants

	Tidus  +  609987 Thu, 11 Dec 08 04:40 PM Yes re investers, and not necessarily re directors.  The board doesn't have to be made up of directors, it could be a board of senior managers depending on the type of company it is.  So, the 'board' is generally made of people in the most senior positions, but not necessarily directors. Tidus Joined on Mon, Nov 27 2006 England Full Member 372

	Madhulk  +  610012 Thu, 11 Dec 08 06:51 PM  Got it. Thanks, Tidus! Madhulk