James R Chesney No More Than 5 Case

612 Words2 Pages

1. Narrate the major issues in this case in NOT MORE THAN 5 sentences. James R. Chesney, a veteran engineer underemployment at NASA, was able to create a blueprint for a “functional components architecture” but this forced him to pursue his project in the private sector but it required financial funding. Chesney and his colleague were in their midst of constant negotiations with Malaysian Venture Capitalist Group to have the opportunity to venture into TelSys International, Inc. If Chesney is able to receive funding, he plans to produce and market high-quality satellite ground station communications equipment based on his patented designs. TelSys’s stocks were allowed to be publicly traded as they desired liquidity in their investment.

More about James R Chesney No More Than 5 Case

Open Document