davidsmuts
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14 years ago @ Mendelson's Musings - Three things NOT to do... · 0 replies · +1 points
14 years ago @ Mendelson's Musings - Just When You Thought ... · 0 replies · +1 points
14 years ago @ Mendelson's Musings - An Open Letter to Mr. ... · 0 replies · +1 points
kudos to you my friend!
14 years ago @ Mendelson's Musings - An Open Letter to Mr. ... · 0 replies · +1 points
Sarbannes-Oxley- we plan to be listing on AIM in London and piggy-backing onto the OTCQX to avoid this excessive burden of SO legislation. It costs far too damn much to comply with ($1M+ ) and for a younger company its a stranglehold. London is a great alternative, without the red tape and AIM is significantly quicker and lower cost than Nasdaq.
Dollar devaluation- agree with you, but if we print trillions of paper notes this is what happens. The sheet will really hit the fan when BRIC and the Arabs dump the dollar. They're preparing to do so too, but no one is really taking this seriously in the US or considering the consequences or preparing for this eventuality. Just because there isn't an alternative currency to the Dollar yet, does not mean there won't be one. They're proceeding as per normal with their heads in the sand.
14 years ago @ StartupCFO - The Board Meeting · 1 reply · +1 points
I like the recipee you have here. One thing I like to see omitted from my board meetings is the customary AOB (any other business) at the end of the agenda. It always sets the clock past closing time and if it doesn't, then there usually isn't sufficient time given to the matter. When chairing or setting up a new board I always keep the rule that we have no AOB at all (NO SURPISES RULE). If there is "other" business not covered in the agenda well then it should have been raised earlier or will have to wait till the next meeting. I replace the AOB with AOUB (any other URGENT business) just to give the board an option to bring something up which isn't on the agenda but which is of an urgent and critical nature. Usually "urgent" or "critical" issues are ones which have popped up unexpectadly or for which there was not sufficient time to inform others prior to the meeting.
all the best
David