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QUESTION

Your company is now at a crossroads. The CEO has described to you a significant new product addition to the Company.

Your company is now at a crossroads.  The CEO has described to you a significant new product addition to the Company.  The Management team has agreed on this new course of action and has presented the new product addition to the Board.  The Board has approved the initiative subject to financing. The Board has agreed with the CEO that there are two separate alternatives open to the Board:  1) The sale of the Company to a larger concern; or, 2) The issuance of additional stock. (The Board does not want to lever the Company further with additional debt.)

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