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Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW?

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To: Sammie who wrote (477)7/29/1998 6:56:00 PM
From: Joll  Read Replies (3) of 1574
 
Reply to Gambler...

Dear Gambler,

I'd like to address some of the issues you've brought up in your post. I've quoted you below so that I can do so on a point-by-point basis.

[Gambler wrote]

**********TO ALL************

"I just got off the phone with Rob Gordon. I had a few questions about CCI and these
distributors that are complaining.

"Mr. Gordon said that CCI had sold over 500 distributorships and have had
problems/complaints from only 8 of them. These 8 were distributors who failed in there
distributorships and wanted their money back.

Yes, Gambler, we failed in our distributorships. We did so not for lack of orders, though. As a former CCI dealer, I can tell you that CCI's lack of fulfillment is what killed us. I've got ample evidence (in the form of customer complaints and cancelled orders) to substantiate this.

"To me it sounds like if I purchased a franchise from someone and I didn't make it work
because of my poor business skills that I complained and wanted my money back. We
all know that if you invest your money in a business or even a stock and you lose your
ass, you are the one to blame.

You should not be so credulous. Do you really expect to hear the unvarnished truth from the chairman of a company who has a vested interest in keeping the stock prices up? C'mon!

Let's put it this way: Suppose YOU bought stock in a company that completely misrepresented its assets, capacities, customer base, and fulfillment rate. When you discover the truth, the company's president acknowledges that he deceived you and wants to return your money; he even puts this in writing. But after promising to send you a check "by next week" for more than a year, you still don't have the money that he publicly admits is due you.

"Maybe these 8 distributors were unique out of the other 492 and they were the only
ones who were abused and neglected or maybe they were just looking for scapegoats
for their own miserable business failures.

If there were 492 dealers, there are 492 disgruntled ex-dealers. I personally know of twenty. The others have probably fallen off the map because they were never Internet-based dealers and we cannot locate them now. The whole reason Mr. Piercy's tangled web is coming back to haunt him to the extent it has is the Internet. Ex-dealers can find each other and compare notes.

It's funny: When I began complaining to Mr. Piercy about his consistent failure to deliver my customers' orders, he told me that I was the only dealer who wasn't "sticking with him" through his hard times. When I found two other dealers in the same position, Mr. Piercy claimed that WE were the only dealers who weren't sticking with him through his hard times (which, BTW, lasted the whole eight months I had my website up). Now, I've found twenty ex-dealers who are in the same position. My point is: How would you know that the other 472 are happy? Can you find them? I'd be grateful if you could, I have a great deal to discuss with them.

"That is not for me to say. I really couldn't care about these old distributors either way
because they have nothing to do with TSIG, to hell with 'em!!!

Well, you try to convince potential customers (and while you're at it, the Attorneys General of California, New York, and Florida) that the Compact Connection recently incorporated in Delaware HAS ABSOLUTELY NOTHING to do with the (former) Compact Connection of Nevada.

I have documentation for everything I say here. What proof do Piercy and Gordon have of their assertions? It's simply too convenient that they cannot verify what they claim. If they want to prove that I am one of a "few" former dealers who blame CCI for their failures, let them furnish you with contact information for the other (presumably happy?) 472. It will be an education you sorely need. Tsk, tsk, little boy. If you want to find out about a politician's track record, you don't call his press secretary! Get real.

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