Recent content by Jayb1

Also, I don’t have to sell my shares back right ? I understand he could then make sure there is no profit my pumping everything back into business so I don’t get a dividend, he won’t either but I believe if he can still pay himself bonuses to bypass this as he is on the payroll, correct ?

Thanks for the input, gives me a good starting point as to how I should proceed

I understand and most likely will once iam given the official offer, I am trying to gauge where iam at now before we go down that road, my ex partner is/was a friend so don’t want to go down the road of a bitter legal battle over say $20k

Thank you, right now he is telling me the valuation, is he legally obligated to get it done professionally, I don’t want to drag it out Is it based solely on physical assets or do I get compensated for the value I added as such

I am a shareholder of an incorporated construction business with 3 other people, I own 17%, the majority owner owns 51%. After a recent argument, the majority shareholder/owner fired me via email. He says the company will buy back my shares at the current valuation of the companies assets and...