It's Official: Mike Lindell is batshit crazy.

[Gomez Adams]

So there's this:

'I'm serious!' Mike Lindell claims Joe Biden will 'resign' on Aug. 13

MyPillow CEO Mike Lindell speculated this week that President Joe Biden and Vice President Kamala Harris will resign on the morning of August 13. Lindell told Real America's Voice host Steve Bannon that he came to this conclusion after speaking with three Democrats who regretted voting for...

www.rawstory.com

Operative text:

MyPillow CEO Mike Lindell speculated this week that President Joe Biden and Vice President Kamala Harris will resign on the morning of August 13.​

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"Once we have this symposium, how are the pathways of Donald Trump coming back?" Lindell said. "The first one would be, once we have the symposium, by the night of the 12th or the morning of the 13th, if everyone has seen it, including the administration that's in there now that didn't win, maybe, you know, Biden and Harris would say, hey, we're here to protect the country and resign!"​

Wow. Just wow.

 

[Zeedox]

Something tells me Mike's sky isn't blue....

 

[Gomez Adams]

Oh no, no, no...

It's paisley.

 

[Grimhogun]

How is that guy still the CEO of his company. His batshit crazy talk has got them booted from every reputable carrier and he's blowing the companys money hand over fist.

 

[Zeedox]

How is that guy still the CEO of his company. His batshit crazy talk has got them booted from every reputable carrier and he's blowing the companys money hand over fist.

He kept a majority share.

 

[Hugo Stiglitz]

He kept a majority share.

Even still. When you go completely off the reservation like that you can have him removed as CEO.

 

[Zeedox]

Even still. When you go completely off the reservation like that you can have him removed as CEO.

I would think that depends on how 'public' he made the company with shares and voting-shares and even then a trial judge would have to make the decision.

People would scream bloody murder if anyone could ask for a private business owner to be removed through the courts or government.

 

[Gomez Adams]

He's right, actually. Under U.S. law if your behavior is deemed to be detrimental to the company, it doesn't matter how many shares you own they can have you removed.

It's a tall burden to prove, but with his behavior and having the company pretty much cut off from the buying public I think it would be an easy post to jump if the board wanted to do it.

 

[Zeedox]

Even if your company has never issued public stocks?

 

[Gomez Adams]

Even if your company has never issued public stocks?

Yes. He has a board of directors. They can remove him.

 

[Zeedox]

I also assume then he can fire them 'at will'?

 

[Gomez Adams]

No.

The Board of Directors are elected by (and usually consist of) the shareholders of the company.

Whether it's traded publicly or if it's private is moot. If the BOD decides that you've endangered the company then they can collectively remove you from your post as CEO.