Ditchdigger, Usually, I don't give a crap what you write, because you obviously have a very limited knowledge of the stock market based on the fact that you regularly post false and contradicting information. Within the last 12 hours you have proven that you don't know what a stockholder deficit is: <<< Topfuel,please explain why there appears to be a deficit of treasury stock..TIA,DD (are you guys going to chip in a few shares and replace it?<vbg>) >>> I like the "vbg" at the end. You obviously thought you were making a smug comment, but in fact you were demonstrating that you know no knowledge of how to read financial statements.
Then, you thought TSIG had 51 million shares outstanding. WRONG! Sure, you underestimated, but you proved that you could tell the difference between the weighted average of outstanding shares, and outstanding shares. Big difference. Lead how to read an SEC document before you start spouting off facts from them.
Now, on to some new stuff: << (TSIG,) which is horribly debt laden...>>> Please explain what you mean by "horribly debt laden." Specifically, how much is the company in debt? You claim to know that they have this horrible debt, please let everyone know how much it is.....approximately....to the closest million is fine.
Then you said: <<not to mention the numerous pending lawsuits >> Yes, TSIG has several pending lawsuits which need to be handled. Most of these lawsuits were the result of previous management. None of them are earth shattering, IMO. They will be settled, and both parties will move on. It is not uncommon for a company to be sued, rightly or wrongly.
Next: <<apparently management thinks they're doing great,considering they OK'd a compensation package to include millions and millions of options >> What is the problem? I would rather TSIG use stock as an incentive rather than cash! Now there is a motivation to get the stock price up. BTW, a lot of the stock that has been set aside for employee benefits has not been issued. Setting aside stock for employee benefits is commonplace. In fact, it is almost required to get top management, like I believe TSIG has, to small companies.
Ditchdigger, You have the right to post whatever you want, but I also have the right to let people know that you post false information. If you don't want to be embarrassed anymore, then I suggest you pay more attention to what you put in your posts.
-Dave
P.S. Don't forget, you have a homework assignment to let everyone know how much debt the company has. Good luck! |