Joe,
As might have been determined from my previous statement, I am somewhat neutral on both issues.
I do stand with the language being eliminated due to the fact it does the accomplishment of soothing the public display of sentiment. I also keep in mind the ability of the company to continue operations going with the reintroduction of stopgap financing if, BIG IF, deemed necessary, which is very unlikely at this point. I personally don't see the big deal.
There will be appointments to the board as the company progresses. Having an outspoken member may be helpful and also one that will demand full explanation and understanding of the issues being brought forward can be helpful.
Control of the Board is not wished by me but further balance may be advantageous as the company moves forward into the expanded exposure it seems to be moving toward. As it extends it's reach into the marketing areas areas so far shown to the shareholders, there will be many decisions made that will need the added thought processes of varying intellects. Adding one that is already a large shareholder and deeply involved due the the helpful introduction of the online services arena and his considerable understanding of the total concepts of TSIG.com, I see nothing to hinder requesting Matrin Frankel's appointment.
It must also be remembered, this is just a suggested recommendation of a faction of the shareholders. I would also hope the requesting shareholders would respectfully accept any decision the Board might make regarding these matters.
TSIG.com has progressed to the point of execution of their business model. This point has been attained with the current structure in place that is now being asked to change. Sometimes change is good for the company and in this case the expansion of the decision making body concerning the accelerating expansionary growth of TSIG.com by adding 2-3 additional representatives should work for the best.
Many complaints have been levied against certain aspects of TSIG as individuals have chosen their right to be outspoken on certain matters. We have all witnessed the results. The company kept on progressing but the investor response has not been following suit. Allowing these matters to progress in the manner they should progress, within the confines of the private forums, is recommended. Public displays of discontent, whether deserved or not, does relatively little but hamper the reasons we are here in the first place.
As always, my opinion
Bob
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