some of the largest holders are already working on this. Garr needs to be gone since we cant leave on our own.
Goat, shouldn't we be doing this using the appropriate forum of shareholder meetings, motions, and agreements?
You've made clear your feelings towards Garr, now let's find the means to secure COG's future by using the appropriate processes and procedures necessary to form an agreeable corporate structure going forward.
Now with regard to that, we should establish a corporate structure which would basically be an board to which operations would report. In COG's case, we are somewhat limited by the options available, but I do believe we could form a three or four person board representing: Operations, Large Shareholders, Small Shareholders, and Chairperson. Operations will be held responsible to the board, who may raise a motion to remove anyone they may feel isn't completing their duties. The board will be responsible for scheduling shareholder meetings, agendas, and ensuring that reports are published in a timely manner. The board might also be a good interface for the exchanges in dealing with COG.
Operations will consist of:
Finance
Mining Support
Shareholder support and PR
Hardware acquisition.
Given the size of the operation, it will be acceptable for one person to hold more than one role starting out. This should give us enough flexibility to secure the smooth running of the operation as well as ensuring that shareholders interests are looked after and maintained.
This is just a constructive suggestion to try and share my knowledge on the matter, any other suggestions would be welcome.