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Joined: Jun 2002
Posts: 131,773 Likes: 21
Campfire Sage
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Campfire Sage
Joined: Jun 2002
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Joined: Feb 2006
Posts: 3,474
Campfire Tracker
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OP
Campfire Tracker
Joined: Feb 2006
Posts: 3,474 |
Unless he was Chairman Of The Board, which it sounds like he is not, the BOD can always terminate him if he doesn't cooperate and resign. Based on their last line "we wish him all of the best in his future pursuits", it sounds like he is already gone!
Having said that, no doubt he will still hold significant ownership in the company via private stock/shares. The only way to remove him from that position is to buy him out! Doubt he'll agree to that! Not hard to get him out of day-to-day, which it sounds like they have done. Getting him out as a stakeholder is something entirely different. Will be interesting to see how they manage that piece.
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Joined: Jan 2005
Posts: 10,266
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 10,266 |
As I said before, if you disagree with Dan Coopers position this election, you should keep your money away from Cooper Firearms until Dan is no longer involved with Cooper Firearms in any way ... otherwise, you're still putting money directly in his pockets, and enabling him to continue to use that money to support causes & issues that are against your beliefs ...
-WGM-
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Joined: Dec 2000
Posts: 29,348
Campfire Ranger
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Campfire Ranger
Joined: Dec 2000
Posts: 29,348 |
Dan's a salesman, especially skilled at selling himself to gun-ignorant investors with money sagging their pockets to their ankles. Each time he's lost the company, he's just persuaded another bunch of Deep Pockets to acquire it � and to return him to it. The Energizer bunny should have Dan's recuperative talents!
"Good enough" isn't.
Always take your responsibilities seriously but never yourself.
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Joined: Jul 2001
Posts: 3,576
Campfire Tracker
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Campfire Tracker
Joined: Jul 2001
Posts: 3,576 |
Like I said, "don't go out and buy a Cooper just yet".
More to come for sure!
WN
'Tis far better to walk alone than to follow a crowd going the wrong way.
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Joined: Jan 2003
Posts: 1,038
Campfire Regular
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Campfire Regular
Joined: Jan 2003
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Dan Cooper and two other people started the Cooper Firearms company in 1990. Since it has his name on it you have to assume he has a large ownership interest. It says that he is being asked to leave as president but the company also listed him as the CEO. I'll bet that he's still on the board of directors.
Frank
"I don't know what there is about buffalo that frightens me so.....He looks like he hates you personally. He looks like you owe him money."
Robert Ruark, Horn of the Hunter, 1953
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Joined: Jun 2007
Posts: 24,597 Likes: 11
Campfire Ranger
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Campfire Ranger
Joined: Jun 2007
Posts: 24,597 Likes: 11 |
What's the big deal?
He just gave some money to another American citizen that just happens to have alternative ideas about guns. That's not so bad.
It wasn't that long ago and another famous person made a comment about assault rifles, and who should own them. I recall quite a few people on this website saying forgive and forget.
I believe it is best to forgive, but I can't forget. I don't read or watch anything Jim Zumbo, you can rest assured I will never own anything Cooper.
Lowlife, scumsucking, putrid, waste product, bums,...Ship them and their ilk to Cuba.
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Joined: May 2003
Posts: 10,431
Campfire Outfitter
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Campfire Outfitter
Joined: May 2003
Posts: 10,431 |
Wow what a betrayal. I went to the FEC site: http://herndon1.sdrdc.com/fecimg/query.html to check on what he's really done. Dan Cooper comes up a couple of times. Donated 2100 bucks to Barack in January 2007. Early adopter, fer shure. Then there was another grand in Feb of 2008. He also donated to John Morrison, Dem senate against Conrad Burns, actually got beat by himself and his peepee, not Tester. Anyway, gave 2,100 to Morrison. Then, as Daniel Lyddell Cooper, it turns out Dan forked over a thousand bucks to Obama back in 2004! Wow! Change! Socialism! Right there, I lose all respect for Dan Cooper, and I had quite a bit for his grit and his company. Now, if you buy a Cooper and Daniel is still a shareholder, never mind a director, you get to subsidize his politics. Never mind all those varminters these guys sell. What will a PD listing under the ESA mean to Cooper sales? Et cetera? Amazing. Dan Stupor, meet Jim Dumbo.
Up hills slow, Down hills fast Tonnage first and Safety last.
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Joined: Dec 2005
Posts: 2,934
Campfire Regular
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Campfire Regular
Joined: Dec 2005
Posts: 2,934 |
So what kind of Golden Parachute did Dan get today...That seems to be the theme dujour these days. Wonder if he'll go to work for AIG now as CEO?
Lastly, anyone want to take a guess on how many orders were cancelled today at Cooper? Never have I seen a website rebuke and double-take as fast as that DocumentRoot has.
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Joined: Aug 2002
Posts: 14,070
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2002
Posts: 14,070 |
Removing him from the board of directors really doesn't solve the root problem that if you buy a Cooper firearm some of that profit goes to Dan Cooper and thus to people like Obama. +1 I'd have to KNOW he wasn't going to to get one RED cent before I'd ever consider a Cooper rifle.....
Biden's most truthful quote ever came during his first press conference, 03/25/21. Drum roll please...... "I don't know, to be clear." and THAT is one promise he's kept!!!
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Joined: Sep 2007
Posts: 13,268
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2007
Posts: 13,268 |
It's a privatly held company. I wonder who the other members of the "Board of directors" are? I wonder how many he's related to... Even if thrown out on his ear I'm guessing he's majority stake holder or his name wouldn't be on the company. This is what we got today!
Last edited by NathanL; 10/29/08.
Otto is my co-pilot.
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Joined: Sep 2007
Posts: 13,268
Campfire Outfitter
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Campfire Outfitter
Joined: Sep 2007
Posts: 13,268 |
So what kind of Golden Parachute did Dan get today...That seems to be the theme dujour these days. Wonder if he'll go to work for AIG now as CEO?
Lastly, anyone want to take a guess on how many orders were cancelled today at Cooper? Never have I seen a website rebuke and double-take as fast as that DocumentRoot has. Just because you are removed from the board of directors of a company doesn't equal a golden parachute. There's no reason to not belive he's still not getting just as much money from Cooper as before. He's just no longer head of the "Board of directors". He's still probably majority stake holder, still partakes of profits (Lol like they'll have any now), etc....name is still on the company charter etc... It's like getting fired but keep getting paid.
Otto is my co-pilot.
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Joined: Dec 2000
Posts: 29,348
Campfire Ranger
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Campfire Ranger
Joined: Dec 2000
Posts: 29,348 |
� Donated 2100 bucks to Barack in January 2007. � another grand in Feb of 2008. He also donated to John Morrison, Dem senate against Conrad Burns � 2,100 to Morrison. � a thousand bucks to Obama back in 2004! � � and still ne'er a dime of the back-salary for one Ken Howell � probably well under two grand. (I wrote that off and put it out of my mind years ago.)
"Good enough" isn't.
Always take your responsibilities seriously but never yourself.
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Joined: May 2003
Posts: 10,431
Campfire Outfitter
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Campfire Outfitter
Joined: May 2003
Posts: 10,431 |
Cooper might be out on his fanny simply on grounds of negligence. His actions, once disclosed to his customer base, may have destroyed the value of the company. Furthermore, it could be argued that the value of the company might be damaged by Obama's election, or the RISK of Obama? For example that might be provable given the experience of the Thompson group of Brits when they bought S and W. Lawyers, what say you? Can a case be made?
Up hills slow, Down hills fast Tonnage first and Safety last.
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Joined: Jun 2008
Posts: 6,080 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jun 2008
Posts: 6,080 Likes: 1 |
I'll be sending them another letter stating that I'll only consider doing business with them under two conditions:
1) Dan Cooper no longer has any financial interest in the company, whatsoever
and
2)Cooper's name is removed from the name of the company
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Joined: Jul 2002
Posts: 139
Campfire Member
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Campfire Member
Joined: Jul 2002
Posts: 139 |
"Resign as President" does not mean the same thing as SEVER ALL TIES - which is what is required. So long as Dan Cooper remains involved with Cooper Firearms and reaps monetary benefit from the sale of it's products, 2nd Amendment supporters are not going to be satisfied.
Last edited by ForrestB; 10/29/08. Reason: emphasis
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Joined: Jan 2007
Posts: 254
Campfire Member
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Campfire Member
Joined: Jan 2007
Posts: 254 |
Holdin' off of that purchase. I agree, the "Board of Directors" is probably family that puts the money back in Coop's pockets.
There's a lot of reasons for my skepticism of the company structure and my disdain for Dan Cooper, but people that don't pay their bills just suck big time in my book. Given his ease of throwing out a stupid lie about reasons for supporting Obama and his "support" of McCain's campaign, I can understand that he'd have no issues with being a deadbeat too.
Gotta go back to one of my beliefs...life's too short to support A-holes, there's too many good people that can use the business. I'll look elsewhere.
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Joined: Jan 2004
Posts: 10,915
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2004
Posts: 10,915 |
Good, I am glad they asked him to go!!
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Joined: Oct 2002
Posts: 2,149
Campfire Regular
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Campfire Regular
Joined: Oct 2002
Posts: 2,149 |
folks they make fine rifles and while I'd never buy a new one, and never had but the used one are a pretty good deal and no money ends up in Coopers pocket.
ML
My biggest fear is when I die my wife sells all my gear for what I said I paid for it.
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