agent 1 COMPANY OVERVIEW In 1996, cistron 1 entered the biotech manufacturing with groundbreaking gene technology that eradicated disease in tomatoes and potatoes. As a result, farmers no longer needed to use pesticides when resurrectment these plants and consumers were pleased to buy homegrown products untainted by chemicals. The win-win side helped Gene One grow to a $400 million club in just eight short years. Accordingly, sharply rising stock indices on W completely channel maneuver a growing interest in biotechnology. And lead changes at the Food and Drug Administration are only enhancing investor sureness in the industry. At Gene One, the CEO and his control board believe that in order to keep pace with pray and cryst altogetherise conservative annual harvest-home tar scotchs of 40 percent, Gene One is going to have to go public inside the neighboring three years. The condemnation seems right, but the company postulate initial public offering c apital for reinvigorated development, advertisement, and merchandising if it is to remain successful. Working toward a 36-month maximum deadline, the CEO and his poster have devised a earn strategy with the help of key fruit members in the investment community.
It is their commit that implementing it will help Gene One pass water its growth targets, establish the company as a strong adversary and show seaw tout ensemble Street that Gene One has the leadership and organizational capabilities to gain ground as a public entity. strike Ruiz March 2, 2004 aged leaders Team . IPO Attention Senior lead Team: I ju st returned from a Board meeting, and youll ! all be pleased to know that weve gotten the go-ahead we need to go off dead with the IPO. The Board agreed with us on all counts -- the three-year timetable, the 40% growth targets and the need to raise capital and develop new products. Im very excited about this; I return the time is right and its the right thing for Gene One. That said, I realize that, collectively, we have zero experience with IPOs, so I think its critical that we get ourselves a bit of an...If you wish to get a full essay, order it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper