Hi Patricia -- Haven't posted for a while -- and have been too disappointed with the behavior on this thread to watch the action much.
This is the only BB I have -- and needless to say my reason for investing is because I liked the strategy, and had great confidence in the business plan, management team, G/H as Marketing and PR firm, etc. A speculative play -- but a worthwhile investment with some risk. I still like the strategy of marketing the musiccard through fund-raising, and helping non-profit organizations in the process. This strategy shows the street that a business can add value to society -- a true partner and supporter of social causes -- to help raise money for music foundations, recreational teams, schools, scouts, health care centers, etc.
I won't be able to participate in the conference call -- which is -- in my opinion -- more than a day late -- and a penny short (no pun intended).
The only question I have for RG is "How are you going to execute the plan"? We all know plans are great -- good execution proves success. IMO, all the BS about the PP, the shares outstanding, the float, etc., is just that -- BS. These will all be non-issues when the plan is executed, revenues and profits are reported, and TSIG demonstrates its growth and profit potential -- resulting in buying pressure on the stock.
Nothing is wrong with the business model. We need capable, dedicated management with a plan of execution -- period.
If that question is answered to everyone's satisfaction -- then hold tight and give TSIG a chance to do it. Do not waste the CC time debating the PP, shares, Gordon's compensation, etc.
FOCUS on how to execute!!!!
If there is not a plan of execution with crystal clear milestones -- TSIG will continue to throw good money after bad -- and struggle for a long time to succeed.
Good luck to all!
M
p.s. I never could understand why a 28 year old technical wonderkid (Hwang) suddenly had the organizational maturity to grow a start-up division. Glad to see the online services division has been put on hold for now, and an experienced person stepping in to help grow the core business.
Our mantra should be -- It's time to stay focused on executing the plan!!! |
