Bernie,
Message 10047290
<Because I don't want to hurt the Co. and I do not believe this to be the right way to do business.>
Message 10046237
Based upon your posts (and in particular the above two), it is quite evident and clear according to your writing that you and your family and friends came to the aid of TSIG in its time of need. I find it difficult to believe, therefore, that you would intentionally do anything to potentially harm your significant investment... especially with the potential for success that TSIG, IMO, still has. The major problems, as I see them at present, are the ability to execute the already existing alliances and "deals" to produce a positive cashflow... and the lack of shareholder confidence that has occurred due to the huge dilution which looms over the public shareholders' investment. The first problem can, again IMO, be resolved without that much difficulty. The second problem, however, is more difficult and will test the altruism and sincerity of you, your family and friends.
I would like to formally request that the PP holders voluntarily add an addendum to their agreement (contract) with TSIG wherein they will agree not to convert any shares at a price below a 30% discount to the average closing ask price for the thirty (30) days immediately preceding the actually closing of the PP agreement last year. I know this is perhaps asking alot, but I truly believe that doing so would significantly increase shareholder confidence in both the Company and management... as well as prove the sincerity of the PP holders as described by you.
I believe there are still many of us, including myself, who have not sold any of our shares in TSIG. All of us who are still long would have immediate renewed confidence in TSIG and, IMO, many new shareholders would be attracted to invest in the Company. In the long run, IMHO, all the shareholders, including the PP holders, would benefit from a markedly higher share price.
I believe I can safely say that I speak for all the public shareholders when I humbly and respectfully ask for your serious and immediate consideration of the above. Time is if the essence. We... the public shareholders... look forward to your positive response. Thank you for your attention and... Shalom.
Best always,
Marty |
