Any More Delay Beyond August is Disasterous
I disagree with the sentiment that it's
best that TSIG open "when they're ready".
The back to school market should be a
primary target for this company, and if
the cards and site are not ready in time,
then those five stooges that supposedly
own 50% of TSIG outstanding shares, won't
stick around much longer, especially going
into the historically weak Fall period.
It was stated that the site would be
ready by the first week of August, and
that is tomorrow; or have you all forgotten?
Many large shareholders who did'nt hear
the CC, and don't bother with these threads,
are sure to lighten up on their positions
every day after this week that the site
and the cards remain unavailable, and
when they sell, their may not be enough
new buyers around to pick up the slack,
especially with a few million shares worth
of 144's waiting in the wings to sell too.
Many of the issues coming from the CC
are very encouraging LONG TERM, but
shorter term, I'm losing patience with
this stock, and won't wait for the last
day of August to be out the door. It's
pretty clear this stock will not give
anyone the bang for the buck we ALL once
expected when the site opens because of
their marketing approach. It will take
months for the card distribution to bring
enough hits and 800 sales to musiccard
call center to be of any consequence
without any major marketing expenditures.
While longer term, I'll conceed they may
fare better than their heavilly marketed,
no profit competitors, what does this do
for me TODAY, nothing! If musiccard effort
is simply a display of their prowess with
other call center projects, then it will
reflect directly on them with any future
deals they are hinting to make. It may
not be till Xmas that they actually have
their act together at this rate, and with
this grass roots marketing approach, it may
be too late as by then competition will
be fiercest. You CC listeners are giving
each other false hope. The one thing you
should have gotten outta Gordon was to pin
him down on the site/card release, at least
to the week, but you let him slip away.
Also, anything he said or hinted about
cash flow issues should be ignored. No
CEO in his right mind running a company
with a negetive asset value would tell
you people anything concrete with all
those creditors sniffing around. I really
appreciate the effort you've made with
the CC and sharing your impressions here,
but nothing I've read makes me feel any
better about owning or recommending this
stock, and I'm glad I was not on that CC
so I would not have this "warm and fuzzy
feeling" luring me into false confidence.
How quickly you all forgot how you expected
this stock to be on the way to $2 by now.
I'm sure 50% of use would be thrilled with
a buck by the way things are going so late
in the game. With the site already in beta
for all the world to see, that fact that
this stock is .30 today should worry you.
The MM's are "playing games" and accumulating
positions at lower prices, is a load of crap.
Simply put, this company has yet to deliver,
and till it actually does, this stock will
drift, and then eventually rise from a much
lower base then most here would have hoped.
I'm not looking for readers to agree or
disagree, or support this or bash this,
I just wanted to bring a perspective that
may have been lost over the past month. |
