Dear Joll,
Even though you still haven't given me your info, I'll take an exception and discourse with you a bit about the situation.
Assuming the situation is true as you say. I feel that your best course of action is to continue your lawsuits against Mr. Piercy.
Now TSIG shouldn't be liable for what Mr. Piercy did or did not do.
For example, if you defrauded someone in a banking transaction, took that money to buy a house. Say I buy the house from you. There should be no liability on my part for the fraud. What your creditors can go after is indeed the money I paid to you for the house. That would make sense to everybody. Whether it's the assets of DP Enterprises you can go after, or it's the compensation paid by TSIG to DP Enterprise, the main issue for you is who is liable -- DP Enterprises.
As someone mentioned earlier, it is the stocks that were paid to DP Enterprises that will replace its assets. TSIG's share-value will be a measure of your reimbursement.
Now, I believe the ~300 dealers (unconfirmed), including yourself (you still need to prove that), bought into the MusicCards because they know it's a brillian concept. A stroke of genius, you must have thought. I think so too. If what you say is true, then it's too bad that Mr. Piercy could not deliver on such a wonderful idea. However, I think Mr. Gordon and TSIG are prepared to take this idea and revolutionize the way cds are bought on the internet. You also cannot deny the shrewdness of TSIG in this deal. Mr. Gordon knew what he wanted and knew what he didn't. He made a deal with someone with a great concept and infrastructure that fits that of his current venture. He knew that Mr. Piercy could not make much out of this idea. That's how TSIG was able to acquire the rights and asset at what seemed like a bargain. And indeed it is.
You guys (if true), may be pissed off because TSIG is not under any obligation to resume relationship with former dealers. Guys, they don't need you. That's what the internet is all about. But you'll be able to sell your cards (if true) when TSIG start business. If you have not failed some agreement on your part and indeed you were defrauded, you should be able to sue Piercy or DP Enterprises.
It is in your interest to see TSIG take off. I don't think any one of you could doubt TSIG's intention after looking at the web site. Don't you think if you could get anything out of TSIG it would be after they start business and want to keep everyone happy and its name clean (if your story is true).
Unless, you are not who you say you are.
Or, you are not who you say you are, but the know about the disgruntled dealer and are taking advantage.
Or, you are who you say you are but have alterior motive to drive the stock down (maybe you shorted it, maybe you want to get in cheaper).
One thing is for sure, your actions are not insync with your apparent interest and your motives are suspect.
Please give us facts as we asked for. Thanks. |
