Hi Artemous and ALL,
<< Well sorry if the truth hurts but it is a fact that tsig has yet to fulfil most shareholders expectations. >> Don't be sorry. I guess I'm one of those shareholders who doesn't agree with you on this point. The truth doesn't hurt at all and should have been expected by anyone investing in this "struggling upstart company" just seven months ago. That is really quite a short time period for a company to achieve and accomplish what TSIG has done. Those who were looking for a quick "pop" and a fast profit I am sure are disappointed... although I don't believe they will be for long. Those of us who are long term investors will, IMHO, be very well rewarded in the future. Perhaps we should briefly evaluate what makes a successful company.
(1)The right product(s) in the right sector(s). I don't think anyone will argue that we meet that criteria. (2)A great management team. IMO, we've got a great organization... although perhaps a little stressed and stretched to the limit now that the momentum is starting to pick-up rapidly. But, that will change shortly as new people are brought on board so responsibilities can be divided and delegated. (3)A great delivery system (ie: websites and ancillary vendors). We've got a great start, but yes, more work is needed... and probably always will be as anyone in the e-commerce business can attest to. And service is critical. However, our management team is very well aware of this. If it makes you feel any better, TSIG is presently negotiating with probably one of the most prestigious (if not the most prestigious) e-commerce consulting, website development, and e-commerce networking firms in the world (yes, they are international) and hopefully we will strike a deal with them within a week. This firm has a "little" experience... Microsoft, Netscape, Yahoo, Hewlett Packard, Fidelity Investments, Chase Bank, Citibank, etc., etc. and has the talent and the manpower to deliver what we need (and what they can advise us we need) in a rapid fashion. How do I know this? Simple. I have a contact with the company, spoke with the Managing Partner of Development on Friday, spoke with Rob Gordon, and they spoke together today (Monday). The proposal is going out via FedEx. Not only do you and I and all the shareholders want the CCI website cleaned-up ASAP (and that includes management who are also shareholders), but we want a website that can quickly and easily be converted in the future to a new website to sell "widgets" without a major overhaul or rewrite. (4)A unique marketing plan. I doubt if many would argue the multiple advantages of TSIG's guerilla marketing. Yes, we are waiting for the first deals to close, but, IMHO, we may all be surprised very shortly. Most people just don't realize how many steps are involved in closing a deal when dealing with large corporations and their lawyers... but I think we're ready to start seeing some things finalized very shortly. And as the momentum builds the deals will come to the table faster and faster. (5)Adequate Funding. We finally got it and, IMO, probably won't need it all as deals start to close. (6)Time. Time for the pieces to be put together to make the whole.
IMHO, TSIG may very well be the "stock" of 1999 and 2000 and 2001 and onwards. I'm not looking for the quick trade and the fast "pop"... although those who are I believe will get it anyway and probably sooner than they think. For those with patience, I sincerely believe they will be justly rewarded. This is a perfect example of "potlatch"... give more than is expected and you'll end-up receiving more than you expected.
So, Artemous, you have raised some valid points, but realize that they are being addressed... and not at a snail's pace. And regarding the order for 20 cards... it was wrong and ignorant of the operator to tell you that. As an owner you should have called Amy immediately on Monday afternoon (that's not a criticism... just a suggestion pertinent to all shareholders/owners). If you wish I will be happy to do it for you if you PM me your real name and the day and time of your call (otherwise your call can't be tracked). No, Art, IMHO, TSIG is well on the way to becoming a very successful company and, again IMO, will be in the black by the second quarter (that's only about one year after it became a "new" company). For anyone familiar with startups... that will be an outstanding achievement and will certainly be seen by the investing public (both private and institutional).
Be right... Sit tight!!!
Best always,
Marty |