Who is Mr Big??

[whoosh777]

There has been talk of Bill McEwan being replaced as CEO
of Amiga Inc by Mr Hare or Jim Collas,

this would mean that Bill is just a puppet,
if he were the true boss he couldnt be replaced.

:he could sell his company but not replace himself,

If he can be replaced he is merely an employee,
as such if he is replaced his replacement however talented
will equally be a puppet.

My question is, who is the real boss then?

Who is at the top of the chain of command?

Who is Mr Big, the fat controller of Amiga Inc?

If it is a floated company then who is the majority
shareholder (ie owning or indirectly controlling
>50% of the shares).

:that person is by logic the fat controller,
because he can push through by "leverage" anything
whatsoever he wishes.

If there is no majority share-holder eg 30% 30% 40%
independent shareholders, then presumably decisions
such as CEO replacements can only happen via votes
at a shareholders meeting. Presumably all this must
then be documented in publicly available minutes??

If I can turn the question around, if Bill is replaced
and Collas is the replacement who how or what is the replacer???

Is this replacer then liable for the debts owed by
Amiga Inc or have they limited this liability.

I assume then that there are 0 dividends on Amiga Inc and
plumetting share price, some of the shareholders must
eventually get cold feet...

If they cant pay their debts then dont the accountants
move in and take control as happened when Commodore Amiga sunk,

:some accountancy firm (Coopers and Lybrand?? or was it Price Waterhouse??
or whom?) took control till they found a suitable buyer == Escom
 who was genuinely interested in the company and not
just going to asset strip. I think to asset strip you have to "acquire"
an up and running company (mergers and acquisitions) then do whatever
you please eg sell off their chain of shops, sack all the employees,
the usual hatchet job

Arent there rules about shareholder companies, if they cannot pay
their debts some procedure must then swing into action,

One other thing how come Gateway has its claws sunk so deep into
Amiga? I thought they had cleared off after they sold it to Bill,
but I read in some forum that they are still there in the background
tugging Bills strings?

Someone explain or correct any of the above!

[DoDo]

who is the real boss then?

Who is at the top of the chain of command?

Who is Mr Big, the fat controller of Amiga Inc?

[/b]


Thats easy ......


ME   !!

 :-D

[iamaboringperson]

My question is, who is the real boss then?

the US Government...
The CIA... Aliens!! :-P :-P
;-)

[mikeymike]

Who... does... Number.. Two... work.. for?



:-)

Btw whoosh777, there's been a big ol' thread on this subject already, you might like to read:

The Jim Collas rumor, truth or rumor? I say rumor.

[CodeSmith]

One alternative is that Amiga, Inc has a board of directors, who have the power of replacing the CEO.  This is what happened when Steve Jobs got kicked out of Apple a few years ago.  He was one of the founding partners, but got the boot anyway.  They hired him back a few years later, when Apple was about to sink, and one of the first things he did was to introduce the iMac.

[EDIT: as mikeymike says, look at the thead - it's all been shown to be just a rumour anyway]

[lempkee]

the CEO story was just to create more turmoil...

i think what amiga.inc is trying to tell us that bill m. is the boss and never would be able to leave that position..

anyway why there is so much talk about it, is mainly because of the reason that he have 2 important jobs (beeing presiden + CEO) and he can't and wont ever handle both when and if they become big again (amigainc).

i think personally that we should just put this story to sleep and wake it up again when they actually WILL change ceO.

cheers

[Elektro]

Mr. Big was a crap band...

 :-D

[meerschaum]

who's the real boss? the venture capitalists backing them of course...

[Bodie]

I seem to remember Elektro usurping Bill's position and taking over the reigns at Amiga Inc :-D  :-P .

[BADHead]

THE MAN WHO REALLY PULLS THE STRINGS OF
AMIGA INC IS BILL GATES  :-o

[The_Editor]

PULLS THE STINGS OF

OUCH

 :-o

 :-D

[whoosh777]

Re: Who is Mr Big??
       
mikeymike on 2003/7/13 0:08:26 said:

========================================
       
Who... does... Number.. Two... work.. for?
       

       
       
       
Btw whoosh777, there's been a big ol' thread on this subject already, you might like to read:
       
The Jim Collas rumor, truth or rumor? I say rumor.

=======================================

I am aware of that thread and have followed it, I havent read it today
will read it after this. :I wasnt aware it had been shown to be a rumour,
effective publicity stunt of this new mag??

The reason I started this as a new thread is I thought it was an important
question in its own right.

BTW here is a quote from "Thomas the tank engine, James and Toby":

Gordon the Big Engine had been working hard. The Fat Controller decided
to give him a rest. "James will do your work," he said.

James enjoyed this. "I am a very important engine," he said to Toby.
"Never late, always on time that's me."

Gordon doesnt sound like Bill, James doesnt sound like Hyperion...

The other fiction that comes to mind is Pinnochhio the puppet,
every time he lied his nose grew longer! Perhaps this is why
the CEO has vanished from the scene, his nose has grown so long
that doing anything at all has become very awkward.

One other thing, companies have to issue Annual Reports,
eg I have on my bookshelf:

"Barclays Bank PLC Annual Report 2001",

which I found lying on a table once when I went to my bank to pay a late bill.

Now presumably all companies have to issue such annual reports and
make them publicly available,
what is the procedure to obtain Amiga Inc's Annual Report?

:I think this may be the only way to get an objective picture of the
company's structure and activities.

eg the above annual report lists everything, 96 pages, the people, the money,
table after table, lists and lists,
eg it lists some 30 people including several "Sir"'s, (ie knighted by
the queen), the money eg customer accounts == 118.156 billion pounds 2001, etc

The people are categorised into the following categories in sequence:

Directors and officers,
Non-executive Directors
Executive Committee members,
Officers

the words "executive" and "officer" occur in all 4 categories!
so its not clear how high up the tree CEO==chief-executive-officer would be.

[Blomberg]

Bodie wrote:
I seem to remember Elektro usurping Bill's position and taking over the reigns at Amiga Inc :-D  :-P .

Hehe

[Calen]

Thats quite a hyper choice of avatar Blom.

Drugs Our Bad ummkay! ;-)

[Floid]

whoosh777 wrote:

One other thing, companies have to issue Annual Reports,
eg I have on my bookshelf:

"Barclays Bank PLC Annual Report 2001"

The glossy reports are mostly a partial(?) requirement of *public* companies, and just good business sense - especially for a financial company trying to prove it's a sound place to store your cash.  In reality, while these may be mandated, they're still just big ads for the company, and in the US, at least, plenty of other reports and forms must be filed with the SEC - the body that regulates the stock exchanges -- and recently, of course, companies were found to have cooked those, too.

In the US, for smaller companies and LLCs, filing and paperwork requirements probably vary by jurisdiction.  Mostly you just need your business license and tax forms kept up to date; maintaining the business license requires a filing of some report or another, and there are probably laws governing disclosure requirements even among private investors - though general fraud statutes would cover those dealings as much as anything specific... and of course, federal laws apply as well.

Funny how little any of us know about business, hmm?