Sir, I believe you are correct. I have read and reread the PR today,and frankly, am very impressed. This gives TSIG/CCI a level of validity that it needs to move forward, both in future partnerships and in stock price. Read the following: Herb Alpert, Johnny Cash, Reba McEntire, Smokey Robinson, and Joey Dee join Dick Clark on the National Music Foundation Board of Directors.
Gloria Pennington, President and CEO of the National Music Foundation, comments, ''Our partnership with Compact Connection offers tremendous long-term fundraising opportunities, both on a national scale, as well as on a local community scale throughout the U.S. Through this partnership, we truly have the ability to bring music into everyone's lives.''
NMF is going to actively market and distribute the CCI/NMF MusicCard. In return, they receive $5, TSIG will receive around $4 or $5, and then profits from the actual purchases of CD's. These foundations usually fill positions on their Board based on the Board member's willingness and eagerness to actively raise funds for the Foundation. Can you imagine the above celebrities and others promoting the Musiccard?
As to someone else's post, I do think TSIG has lost some validity in the past. I think this PR goes a long way to repairing that. Investors who used to actively follow or in the past owned TSIG may not yet be aware of this significant PR. In the past, I have seen similar stocks, who had missed deadlines etc., that when they did finally release significant news, it took three or four days to get a stock price increase reflective of the value of the news. I expect TSIG to increase on this news through next Tuesday or Wednesday. Keep in mind: November stands to be the most significant month in TSIG's history.
Finally, I would like to sincerely apologize to this thread for my arrogance, disruptive posting, and poor attitude in the past. In my own defense, I was sort of backed up in a corner by a couple of you guys. Either way, it escalated to a level I am not proud of nor comfortable with. I do hope you accept my apology and give me a second try. |