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A person who devises a plan for a business venture; one who takes the preliminary steps necessary for the formation of a corporation.

Promoters are the people, who, for themselves or on behalf of others, organize a corporation. They issue a prospectus, obtain stock subscriptions, and secure a charter. Promoters stand in a fiduciary relationship to the proposed company and must act in Good Faith in all their dealings for the proposed corporation.

West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.


n. a person who puts together a business, particularly a corporation, including the financing. Usually the promoter is the principal shareholder or one of the management team and has a contract with the incorporators or makes a claim for shares of stock for his/her efforts in organization. Most states limit the amount of "promotional stock" since it is supported only by effort and not by assets or cash. (See: promotional stock)

Copyright © 1981-2005 by Gerald N. Hill and Kathleen T. Hill. All Right reserved.
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These ten research and review articles describe their contributors' work in precancerous syndromes and conditions and address such topics as the role of matricellular protein osteopontin in tumor genesis, post-coitus bleeding and angiogenesis, screening of gastric mucosal precancerous conditions, histological characteristics of oral leukplakia, acrinic keratoses and the development of skin cancer, promoter sites of genes that are indicative of precancerous conditions, precursor oral lesions, repair enzymes for 8-hydrocyguanine, approaches to the investigation of pre-pathological colon dysfunction in a pro-oxident environment, and the relation between gammaherpes viruses and oncogenesis.
In our model, activation of the construct via promoter sites other than the EREs is avoided by using only a minimal TATA box in the construct, resulting in low background activity.
Knowles suggests that over the course of evolution, retrotransposons that had randomly inserted themselves into promoter sites turned on genes that otherwise might have stayed off.