Unfortunately you're not used to having people post their real feelings. As more information about TSIG emerges, you'll always get an honest reaction from me. Maybe you'll love it maybe not. Depends on the information. And I'll always reserve the right to change my mind as the information changes.
If the company was more forthcoming about its dealings and less clouded in its writings I'd be more on an even keel. Until then pray for us all that there are no new and unseemly revelations.
When it's great I'll be in the front row saying it's great.
And if it stinks, well... I'll be in the front row saying it stinks.
By the way, with a little help from one of your very strong posters, thank you, you know who you are, I was introduced to the following.
And can anyone shed a light on just what the issue discussed by the SEC regarding Mr. Gordon is in relation to?
sec.gov
On September 30, 1994, the Securities and Exchange Commission issued an Order Instituting Proceedings Pursuant to Section 8A of the Securities Act of 1933 (the "1933 Act") and Section 21C of the Securities Exchange Act of 1934 (the "1934 Act"), Making Findings and Imposing a Cease and Desist Order against Harvest International of America, Inc. ("Harvest"), a privately held corporation, and Robert P. Gordon. The findings and remedial sanctions imposed by the Order were in accordance with Offers of Settlement dated July 24, 1994 submitted by Harvest and Mr. Gordon, which the S.E.C. accepted. Without admitting or denying liability, Harvest and Mr. Gordon consented to the Cease and Desist Order alleging violations of Section 17(a) of the 1933 Act and Section 10(b) and Rule 10b-5 of the 1934 Act by reason of alleged misrepresentations in 1990 and 1991 in connection with the offer or sale of Harvest non-interest bearing promissory notes convertible into common stock of the predecessors of Phoenix Information Systems Corp. and one of its subsidiaries and which common stock was to have been issued and registered within 30 or 60 days from the dates of the various notes. Harvest is now known as Heaven International, Inc.
Looks like a situation where shares might have been sold without proper forms being filed. And please don't give us the old date excuse. Old dogs remember old tricks and there's a shipload more shares involved. As the venerable Yog might say, Is it "de je vous all over again?"
How many shares of TSIG have been sold into the float by Mr. Gordon this past 12 months? Did he sell any at all? Did he just use them for collateral? If so where are they now? Where'd they come from? Registered? Unregistered? Sixty days? Thirty days? Options? With a note? Without a note? Who knows? I dunno! However, that's why we have pit bulls that can read and make recommendations. We anxiously await the decisions about Dr. Frankel and Mr. Gordon's loan agreement rescission.
Some things I love and still very much do, and some things still smell bad. That's why the world has pit bulls.
Anxiously awaiting to see...
SC
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