Worthwhile post off of RB lost in RB's garbage.......
ragingbull.com
Hope Marty doesn't mind my taking the liberty to
paste his post over here.
By: drmef
Sunday, 4 Jun 2000 at 2:45 PM EDT
David,
"Bob since you know everything whose getting the 10
million shares to pump this baby up .. Also can you tell
me why RG turned down a potential 5 million
dollar deal . can you also tell me why I herd [sic] there
may be no coffee site for us. Marty can you answer some of
this post for me if 1#### can not... "
You know from my previous posts that (1) I strongly
believe in taking a proactive roll in my investments (2) I
am under a non-disclosure agreement with
TSIG (for information I must have on a "need to know"
basis) and (3) that I no longer post or read the threads very frequently (too much nonsense and
garbage and personal attacks and too little DD). Frankly,
I prefer to spend what little time I have with my family.
I know you may find this strange, but there
are days that I do not even know what TSIG closed at...
just a different style of investing. Please accept the fact
that some people are traders (their choice)
and others, such as myself, have the vast majority of their funds managed by others (aka hedge funds) and place
a small portion on their own in long-term
investments... such as I have done with TSIG. It has
just been my personal experience after 40+ years of
investing that over the years those willing to do
their DD (to the best of their ability) and take a position in a company they believe in eventually end-up
with substantially greater returns. No, there isn't the
"thrill" of daytrading and I'm certainly not belittling
anyone who chooses to do so. IMO, however, the greatest
annualized returns come to those willing to be
patient and wait for a baby to grow into an adult...
and that can take years.
Those who have called or e-mailed me know I cannot and
will not discuss any inside information which I happen to
be privy to. Not only can I not discuss it,
but I cannot buy or sell shares until at least 24 hours
after a PR. Regarding your questions, however, I don't consider my knowledge of this to be inside information.
(1) "...whose getting the 10 million shares to pump this
baby up...". I know of nobody getting anything to "pump
this baby up". It is my understanding that there are a
few large investors and investment groups that have
decided to take major long-term positions in TSIG... as
an investment. Who they are I do not know, but I can
only guess that they believe in the TSIG concept and
business plan as I do.
Did somebody introduce them to the Company?
Obviously!! Do you remember Golin-Harris... and I'm not
saying it's them, but their primary business is to do
exactly what you are referring to... introduce the
company and promote the company, but the investors do
their own DD and make their own decisions. I'm sure you realize this, David, but firms such as Golin-Harris (again I'm not saying it's them) do get paid for their
services.
(2) "...why RG turned down a potential 5 million dollar
deal...". I'm not quite sure what you are referring to...
funding? partnership? Yes, I know there was
other financing available besides the present IB, but
I personally couldn't beat the terms of the IB finally
chosen by TSIG. If you are referring to a
"partnership", I don't know. What I do know is that
every "deal" and/or "partnership" at TSIG must now go
through and be approved by a committee which
includes the IB, the companies being acquired, etc..
That should make many people very happy!!
(3) "...tell me why I herd there may be no coffee site for
us...". I don't know where you heard this nonsense, but
the coffee site is over 99% completed. How do I know?
Simple... I brought the coffee deal to TSIG and negotiated
the terms and I can assure you that it can be an extremely
high profit business for us. I have seen the website
and it's great and that's all I am going to say about
the matter.
One more thing, David, and that is about all these "rumors"
you are hearing. I don't know where they are coming from,
but I strongly suggest that you and anyone else who has
a question call the Company directly to verify and/or
confirm them... before posting about them. I don't think
you'd yell "fire" in a crowded movie theater although
many others on these threads with their own agendas
apparently (based on their posts) would.
Please do your own DD, form your own opinions and
make your own decisions. I have obviously made mine...
I am holding long for whatever time it takes for TSIG to
succeed and grow and that may means years as I personally
see TSIG eventually becoming a major player. Please just
remember that my decisions are based on my own personal
opinions and everyone should and must decide for themselves.
Best always,
Marty
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