Hi Sam and ALL,
I learned of this latest PR early this afternoon (Friday..California time) and, frankly, after having seen a copy of it faxed to me by my broker, see it as a huge positive for TSIG. I do, however, intend to do some more "homework" and will post over the weekend just what I personally "read" from this latest release.
I would, however, like to add something to the discussion regarding the PRs... if I may. I did call the company immediately after seeing the release (with, BTW, the same concern that has already been expressed by others on the thread) and was told the following: The press releases like the one just written about the bankruptcy filing of VSI are written by the company's attorneys and not by its shareholder relations department (i.e.: Paul Henry). This is to protect the company and its shareholders. I was also advised that most of TSIG's other press releases are a collaborative effort among the appropriate people involved... including the company's securities attorneys.
TSIG is a public company and must, IMO, be very careful about the wording of its PRs. Government agencies do not take kindly to "hyping" by public companies and many of the major news services (Dow Jones, Reuters, etc.) will not carry small company PRs at all and even if they did, they would delete references to other companies which might appear as an attempt at "spamming".
I have never met Paul Henry or Rob Gordon and, for that matter, I have never even been to TSIG's office... yet. I am also not "thrilled" with the PRs (IMO, the content... great, but the presentation only so-so). We are very, very close to hiring a top caliber PR firm with knowledge of our business and the skills and contacts to give TSIG the exposure it needs and, IMO, is certainly earning. But, is it fair to condemn Mr. Henry (or anyone else for that matter) whose hands are tied by the company's security attorneys? Not in my opinion. When the new PR firm is up and running shortly, their knowledge and skills in this specialized field together with a blending with TSIG's securities attorneys, should present TSIG with a new image. Just my opinion... for whatever it's worth.
Be Right!!!... Sit Tight!!!
Best always,
Marty |
