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01-30-2009 | 07:44 PM

#61

CanDo

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Joined: Feb 2004

Posts: 397

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From: South Florida

Neil

Has Neil found a place to hang his hat yet? Who talks to him?

01-30-2009 | 08:45 PM

#62

offshoredrillin

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Joined: Feb 2004

Posts: 12,314

Likes: 1,556

From: Maryland

Quote:

Originally Posted by oreo11zeus

Partners always get fired or just leave to be bought out = its the "exit part" of your investment. Sure you can fire someone, but you have to buy them out, they still OWN their stake. Its very complex when that happens, most companies have two starting partners - SALES GUY/TALENT GUY - or MONE GUY/TALENT GUY - we all know who the TALENT GUY is

actually it isn't that hard to get rid of someone. You have to recapitalize the company, through paperwork and you can reassign the stock and squeeze someone out. it is a time honored decision.

01-31-2009 | 07:20 AM

#63

twin screws

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Joined: Aug 2004

Posts: 975

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From: Roswell, Ga

I spoke with Neil last week. He is still doing some work for Cig, but will be moving on soon. I would like to see him, somehow compete with Skip. Neil is and always will be Cigarette.

01-31-2009 | 09:08 AM

#64

Jigsaw89

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Joined: Apr 2004

Posts: 1,007

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From: New Jersey

Depending on the individual circumstance, enforcing a non-compete agreement would be a very difficult and potentially expensive thing to do. I hope we can expect to see good things in the marine industry coming from Neil Hernandez in the not so distant future.

Quote:

Originally Posted by tblrklakemo

So you guys sign un-enforceable contracts knowing that all along?

01-31-2009 | 07:08 PM

#65

Biggus

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Joined: Apr 2001

Posts: 6,305

Likes: 36

From: Naples, Maine

Quote:

Originally Posted by twin screws

I spoke with Neil last week. He is still doing some work for Cig, but will be moving on soon. I would like to see him, somehow compete with Skip. Neil is and always will be Cigarette.

Wouldn't it be nice if Neill and Phil bought Cigarette from Skip.