TSIG.com TIGI (formerly TSIG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JEFF BERRY who wrote (910)	6/2/1998 1:54:00 AM
From: Mister_Ex	Read Replies (3) of 44908

I have heard that the Private Placement is on track to be released very soon, probably this week or next. They plan to raise $7.5M which should more than take care of their current cash crunch. I also heard that it was very well received in at least one preview presentation last week. Earlier I had heard that the PP may already be presold out as brokers have been eager to peddle this placement and have signed up for large share blocks. I agree that the terms of Mr. Gordon's loan appear overly favorable to him. If the PP goes as expected, his funds should not be required. Hopefully we can view these as emergency funds only. I can confirm that the CC web site is anticipated to open in the third or fourth week in June. There will be intensive testing of all aspects (not just the web site but call handling capability, shipping, billing, etc.). We're talking lots of increased volume here with a full fledged media blitz. I had expressed a concern to management that current delivery time for CDs was unacceptably slow - quoted at 2-3 weeks. The CD's I ordered via my Music Card took 12 days to be delivered via US Mail - still unacceptably slow IMO. Management has taken the bull by the horns on this issue and is expected to quote that orders will be shipped from 24 to 72 hours after receipt of order. This will make my 11 year old son very happy (although he would much prefer 24 to 72 minutes!). Expect word of mouth to light CD sales on fire. There's nothing like a bunch of teenagers (and sub-teenagers in my instance) to spread the word - and it will be very fashionable and easy to do their buying over the internet (if they can get Mom, Dad or big brother to agree to order for them on their credit card). Prepayment from my son (in cash!!) is always required. My son is already offering my ordering capabilities to his eager friends!! Mister Ex

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next