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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: V$gas.Com who wrote (29082)5/26/1999 4:41:00 PM
From: Hammer-  Read Replies (3) of 44908
 
I heartily agree that threats are not the way to get anything accomplished. As V$gas has pointed out, threats will only make TSIG less likely to listen to any shareholder requests, whether they involve appointing someone to the Board, or otherwise. In addition, V$gas's point that the number of shares held by the pro-Marty faction can not be verified is extremely valid.

Also, from what I have heard, there is a fairly large group of investors who are not very interested in having Marty on the board...perhaps they don't feel that his qualifications are impressive enough. Maybe they would like to put up their own candidate for a Board seat. These guys put money into the company day in and day out when Silicon Investor posters and others are getting scared and selling like crazy. Marty doesn't know of any potential sources of capital for TSIG, while these investors bring cash to the table on a regular basis. Who is more deserving of a Board seat?

As far as the argument for giving Marty a Board seat in order to reassure investors, we have to remember that the purpose of the company is to make money, not to hold the hands of the stockholders. TSIG can't take action that it doesn't believe to be fundamentally correct simply to make people feel better about their investments. If you don't believe in the company, you shouldn't own its stock.

Hammer
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