souraya nouhad el machnouk

[Youchka]

Originally Posted by Tsunami67

Are you for real or are you joking?
what faux pas are you talking about?...
some1 just threw the word and u r doing a fuss about it...as if it's true
Otv is open for the public and it has its rules.
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best

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Abou Jaoude is not a MERE shareholder, he is the law office that handles OTV.

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In the meantime, for all those who jumped at the "everyone is entitled to buy shares and OTV is for all", yeah this is true, as in, everyone is entitled to buy shares, not everyone being on its board of directors or everyone being its lawyers.

[sanfour]

Originally Posted by Youchka

In the meantime, for all those who jumped at the "everyone is entitled to buy shares and OTV is for all", yeah this is true, as in, everyone is entitled to buy shares, not everyone being on its board of directors or everyone being its lawyers.

each share is equivalent to one vote in the general assembly, the board
of directors is elected by the general assembly....so it will usually be formed
by major shareholders because they have a sufficient number
of shares/votes to become board members...the CEO is elected by
the board of directors.

[vegojimbo]

Originally Posted by Youchka

A child having a different political affiliation than his parents does not translate in any way on him or her. The problem is you are montolkin men mabdak that she HAS a different political affiliation than her dad.
Who told you so? What I know is that she doesn't.

I personally don't care whatever affiliation she has. All I care about is OTV's decisions not being influenced by one shareholder, and I'm pretty confident OTV's legal department got that covered.
I am simply contesting the argument that many members seem to be presenting, and which is that this lady's presence on the board is suspicious just bc her dad is close to FM.

By the way, I would be more than happy to have anti-FPM members becoming shareholders. That would boost OTV's credibility in being a station for all lebanese, and the money would be put in the right place instead of them wasting it on buying people's votes.
Anyway, this whole issue is of no significance since this woman does not actually hold the shares but is the legal representative of the group who does. And this group has every right to appoint any representative it sees fit.

[The Jade]

Originally Posted by Lebanesegirl

We have the right to ask about this woman, who is she and why she own shares in OTV? is FPM and OTV sure that they can trust her? this is my question!! I wonder 2eza bel FTV fi shareholders from FPM?!?!

OTV is a public institution, remember ??

For the people, by the people !!!

You don't have the right to ask why she owns shares from OTV since it was already accepted that anyone can buy shares from the station.

To my knowledge, FTV does not have shareholders, this was not the business/strategic plan they decided to follow.

If Hariri wants to buy shares in OTV there's nothing you can do to stop him.
And most of all, you can't ask, criticize or attack this matter :)

[hannaalsayssa]

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why are you worried??????

the tv licence is held by FPM...in order to save guard it...
OTV is a vessel.
OKKKKKKKKKKK.
so relax and let people invest as they deam fit.

[johnnyFPM]

Originally Posted by hannaalsayssa

why are you worried??????

the tv licence is held by FPM...in order to save guard it...
OTV is a vessel.
OKKKKKKKKKKK.
so relax and let people invest as they deam fit.

The news license is held by a group of people (among which Pierre Raffoul and Abbas Hachem) that are close to FPM.
The TV license is held by OTV. In other words, if the news license was cancelled or banned for some reason, OTV would still resume to be a normal TV station.

As for having shareholders from all sides: that's the goal of OTV, it's not a TV for the FPM "sect".
And ahla w sahla if they're on the board, it makes our TV station more credible... As long as it doesn't become a one man show, where someone can become the majority (51%+) and decide of everything.

[Amirkani]

Originally Posted by Youchka

Thanks X, now can someone tell us more about the Carlos Abou Jawde lad? I guess this is where the faux-pas started.

How did you guess?

Machnouk represents the Abou Jaoude law office within OTV... and Abou Jaoude law office was given a seat on the board in exchange for extensive legal services before and after OTV's shares were sold in the market.

So "you" can't complain because he was there before you bought your shares :) Doing your due diligence after you buy isn't very helpful :)

Anyway, from a business standpoint, doing that exchange of services wasn't a bad deal, considering OTV was strapped for cash before it sold shares...

However I, personally, and a couple of others involved were against it because we didn't see in it a good deal for FPM from either the political or reputation standpoint :)

A faux-pas? Yes, it was. But you asked me why I would forgive it... because they corrected the mistake and Abou Jaoude and Machnouk are now quite contained and confined, and OTV is doing well... it's doing the job we intended for it to do.

And to put your mind at ease, there is a 2nd level of a safety net in OTV. It's the company that owns the broadcasting permit but none of the assets of OTV. This is where your political protection lies. All the shares of that company are in the hands of GMA and a handful of "pure" FPMers.

w iktada el-tawdee7... :)

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[Youchka]

Originally Posted by Amirkani

How did you guess?

Machnouk represents the Abou Jaoude law office within OTV... and Abou Jaoude law office was given a seat on the board in exchange for extensive legal services before and after OTV's shares were sold in the market.

So "you" can't complain because he was there before you bought your shares :) Doing your due diligence after you buy isn't very helpful :)

Anyway, from a business standpoint, doing that exchange of services wasn't a bad deal, considering OTV was strapped for cash before it sold shares...

However I, personally, and a couple of others involved were against it because we didn't see in it a good deal for FPM from either the political or reputation standpoint :)

A faux-pas? Yes, it was. But you asked me why I would forgive it... because they corrected the mistake and Abou Jaoude and Machnouk are now quite contained and confined, and OTV is doing well... it's doing the job we intended for it to do.

And to put your mind at ease, there is a 2nd level of a safety net in OTV. It's the company that owns the broadcasting permit but none of the assets of OTV. This is where your political protection lies. All the shares of that company are in the hands of GMA and a handful of "pure" FPMers.

w iktada el-tawdee7... :)

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Thank you.