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

To: Patricia Trinchero who wrote (30580)	6/8/1999 1:38:00 PM
From: The Swordsman	Read Replies (1) \| Respond to of 44908

Pat my source is right here on the thread. Same source you and we all have. Let's follow the dots. Lot's more took place the evening before REW's revelation of Dr. Frankel's appointment than most of you paid attention to. Very critical things took place. Thursday, 5/27, 5:24pm Hammers post stating very confidently that Marty will be on the board. Who is Hammer? More to come, and not good news.imho Message 9807288 Thursday, 5/27, 6:41pm My response to Hammer. Hammer remember was only here a few weeks and had too much insight for one so new. Besides, after reading through the years of SEC filings at Phoenix and now at TSIG, you couldn't believe that RG would allow even the appearance of a balanced Board. Message 9808514 Thursday, 5/27, 6:59pm Only 15 minutes later and now Hammer's true colors show. There will be a hidden agenda. Two people for the Board. A nullification of J Hwang's ally, Dr. Frankel's vote. Message 9808859 At this point I thought you could be sure that Dr. Frankel would reject the appointment to the Board. His position as an ally to Hwang was totally neutered and the whole effort to put him on the Board was for naught or so I thought. Then in the wee hours of Friday morning… Friday, 5/28, 1:47am REW's post at 2am Friday 2 weeks ago. Dr. Frankel will be on the Board.. Message 9815744 So… Ok I said. So be it. Didn't think it was what anyone wanted, especially J Hwang and Dr. Frankel, but who was I to argue with REW's factual statement. By noon on Friday with no PR forthcoming from TSIG I became worried that all was not right. In fact if you check the thread many had a feeling something was wrong. At 3pm still no PR and you knew that things went awry. At that point in time it appeared to me that Dr. Frankel would not be on the board. If that was true then I thought there was also a good chance that Hwang would have been considering alternatives. Then rumors came to me later in the day, rumors that I did indeed pass on, much like rumors come to any of us. Now for the rest of the story. If you'll check below you will see that J Hwang *resigned.* Clearly worded that he resigned. With the next PR (not shown,) and the noted departure of the rest of the management team it is obvious to me at any rate that they too resigned. If you go and ask yourself the appropriate questions you don't have to work for NASA to come up with the answers. At least it's that easy for me. And trust me I'm not the sharpest tool in the shed.lol (BSNS WIRE) Investor J. R. LeShufy to Replace John Hwang as Director of Investor J. R. LeShufy to Replace John Hwang as Director of TSIG.com Business Editors ST. PETERSBURG, Fla.--(BUSINESS WIRE)--June 1, 1999--TeleServices International Group Inc. (OTC BB:TSIG), known as TSIG.com, today announced that John Hwang has resigned as an employee and director of the Company and that J. R. LeShufy has replaced Mr. Hwang as a director. This change reflects a move by the company to focus on its My MusicCard program and its Web-based call center. This was not the PR that we all expected Friday am two weeks ago. At approximately 2am that Friday morn REW publicly announced to the SI thread that Dr. Frankel would be appointed and that Dr. Frankel would accept a position to the Board. Dr. Frankel was Mr. Hwangs connection to TSIG and if you link the dots was no doubt instrumental in Mr. Hwangs taking the position on the Board and subsequent hiring. Mr. Hwang needed some balance to his Board position. No deep thought here when you evaluate the make up of the Board. RG controls it totally with absolute power. Hwang needed Dr. Frankel. Since there was no PR announcing Dr. Frankel to the Board by late Friday it was relatively easy for me to make some observations. Given that a certain poster named Hammer, who coincidentally showed up earlier Thursday evening right before REW's post and stated that there would be not only one new appointee but two, it was clear to me that RG was up to his old tricks and was rearranging the Board to nullify Dr. Frankel's vote. The next conclusion takes us down a slippery slope and basically begs the question, “if all these bright and enthusiastically touted and very successful management people left RG who has no history of producing shareholder equity in the form of revenue, profits or in any way for that matter, then what do they know that we don't?" Let's face it, they're in a better position to know a hell of a lot more than us. You can use this kind of thinking to put yourself on the inside. They knew the innerworkings of Lifetime. They knew the innerworkings of Babe Ruth. They knew the innerworkings of Tempo. They knew the innerworkings of Signature. They knew it all. They had zillions of options. How does it come to pass that some of us know more than a bunch of historically very successful people who were actually there doing it day in and day out? I sure don't!! We are now seeing the beginning of the answer to that question. RG bets the farm here and bets the farm there and in 10 years of betting on the farm he's only succeeded in selling his shares to the public for more money that he paid especially when those shares he's granted himself for $0.00. Are they a good buy at $0.10? I don't know. But if they cost the guy who's been selling them nothing and he's been selling them hand over foot, then what do you really believe his belief level in the company is? After all it's the leaders belief level and passion for the plan that investors invest in. Hope this helps. And no, with all the additional shares available to the PP holders down the line I'm not a buyer here at these levels. Probably take a closer look at $0.06/07 or thereabouts. If I miss it I miss it. We'll see. SC