I believe the entire contract that Hwang brought in is for $150,000-$180,000. He did give a 10% deposit...I think someone got confused and thought that the $150,000-$180,000 was the deposit when in fact it is the whole deal, and the deposit was for $15,000-$18,000. Sorry to burst anyone's bubble, but I think it's important that all the info here be as accurate as possible, at least to the best of my knowledge.
The rest of your "take" sounds good to me... : ) Certainly Robert Gordon isn't going anywhere.
Hammer
<<From Symbionic on RB: Hwang has no intentions of leaving TSIG. He has landed a contract which has given TSIG a $150,000.00 imedieate injection and the entire deal is for $1.5MM. Also, Hwang is getting funding on Tuesday and it appears that he will be executing a few more deals next week. Here's my take:
Hwang stays, Dr. Frankel and a representative of the private placement receives full voting board approval, R. Gordon remains. Signature goes full live on Friday, June 4th and 20 - 25 new distributors sign contracts with TSIG. Second quarter revenues total about $653,994.00.
Hope this helps. It will happen. Hope this helps. It will happen.>> |
