Bob,
Regarding your post of yesterday, re the private placement. Just guessing here, but I can see now why the darn thing took so long to be arranged. Knowing that some form of dilution would be involved for the loan, RG first set about establishing TSIG and CCI, getting them ready for business, worked on alliances and MusicCard deals - without finalizing them - and then finalized the PP.
RG doesn't want to dilute the shares anymore than we want that to happen. By waiting to the last moment to finalize the PP, RG was able to get TSIG/CCI up and running, with some good prospects on the table.
RG is confident that our share price will be significantly higher (Significantly!) in the next 2-3 months, so when it comes to payback time, well, payback won't be such a bitch. Protecting his investment and ours.
With this perspective in mind, I'd guess that some deals are lined up, and will be released shortly. The next couple of months are going to be quite exciting.
Regards, TS |
