TO ALL,
Just got home a couple of hours ago... exhausted, but very excited about our TSIG. If anyone had any doubts about the potential of TSIG and what is happening in St. Petersburg and Silicon Valley (the new office is now open and I am having lunch next week with John Hwang) AND elsewhere (don't forget the "international" in the current name... and that's just one elsewhere)... may I humbly suggest you put your doubts aside.
Regarding the report referencing some very deep and probing questions, I also suggest you just be patient until I get everything verified and confirmed. The issue regarding Rob Gordon's salary is resolved. The issue regarding Paul Henry is resolved... it is not the same TSIG's Paul Henry or any relation. As to the number of shares proportedly held by Rob Gordon, I can only quickly say that the 10K is misleading... or perhaps confusing is a better word. It is for that very reason that I am getting a "plain English" version of the stock issue from the company's SEC counsel before submitting a report to the thread which could lead to further misinterpretation. Suffice it to say that Rob Gordon does not have those 40+ million shares. Yes, he has been granted shares for significant funds he advanced to the company last year, but at that time the money he advanced was a high risk investment. How many of us would have advanced that same amount of money under the company's circumstances last year without significant compensation of some sort? It appears that he owns approximately 14 million shares and has options for more, but... and it is a big "but"... those options are only available to him should the company require additional funding and it was unavailable and he personally put up the cash. Then and only then would those "other" options become available to him. Not a very likely scenario, but a solid backup and protection for TSIG.
There was so much going on even this morning that I had to race to catch my flight. Signature Group was there with what appears to be a further expansion of their relationship with TSIG... only this time it is not only the teleservices division. Two other, IMO, very major deals have already been agreed to by the parties and I expect to see PRs shortly (please don't hold me to the day as lawyers have to approve every word... including those in the PRs), but, again IMHO, they are mind boggling.
Before I fall asleep here at the computer, let me just say that those who don't think that Rob Gordon and the other members of upper management care about the shareholders are dead wrong. I spend a considerable number of hours both day and night with all of them, but especially Rob Gordon, and I consider myself a pretty good judge of people. He has made mistakes in the past as have all of us, but he has quite obviously learned from those mistakes... all to our benefit as shareholders. And, of course, he is a shareholder as well. Those who don't think they (and that includes all employees) are working hard are badly mistaken. It is quite obvious they all know there is a pot of gold at the end of the TSIG rainbow and they are going after it on our behalf. Just my opinion, but second quarter will start to show decent revenues, third quarter will show a significant rampup in revenues, and by the fourth quarter we will be showing profits from those revenues. IMO... a phenomenal feat for such a young company, but I have a very high confidence level it will be accomplished.
Be Right!!!... Sit Tight!!!
Best always,
Marty
P.S.: Welcome back Freak! It looks like all our e-mails helped!! |