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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (30321)6/6/1999 9:46:00 PM
From: cicak  Read Replies (1) | Respond to of 44908
 
Hi Dave - given the following based on your conversation with Rob Gordon, and assuming that no more than 5.2 million is required from the PP, what is your estimate of the maximum total outstanding shares for TSIG.com after all PP conversions have taken place (and any other items which will have the effect of increasing the OS) ? I think we could then use this number as a conservative estimate for calculating potential EPS for TSIG.com if projected earnings are achieved.

IMO, if TSIG.com EXECUTES - there is tremendous potential for TSIG.com to be very profitable - and for shareholders to be commensurately rewarded. At this point, we need to ensure that Rob Gordon is focusing on customer service at the DETAIL level or to delegate this task to someone and have him/her report back to Rob Gordon accordingly. Either way, Rob Gordon needs to be intimately aware of customer service issues as this is key to TSIG.com success. We need a single point of contact at TSIG.com for shareholders to communicate with who tracks customer service issues company wide and takes prompt corrective action when required. For example - if several folks report that they are not receiving their CDs in a timely matter - we need someone at TSIG.com to research this matter and take appropriate corrective action. If the matter cannot be resolved at a lower level (e.g. Valley Media) then the matter needs to be ELEVATED in a TIMELY matter all the way to Rob Gordon if necessary until the problem is SOLVED. It's EXECUTION time for TSIG.com. Thanks Dave.

Regards,

Phil

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Message 9965626

DG: Will you use all the money that the PP allows?

RG: We have used $3M so far and hopefully another 2.2M will do it. That is the goal. We have scaled back a lot.

DG: Is there any danger the PP holders will try to drive the stock down toward ZERO?

RG: Well, that would not be in their best interest, since they can only exercise 52 Million shares total. That is the maximum the SEC allowed for in the registration agreement. This is not really a floorless convertible as some have claimed because of the share cap.
There is no incentive for them to destroy their own investment.