To: padoc who wrote (44384 ) 1/14/2001 12:38:23 PM From: V$gas.Com Read Replies (1) | Respond to of 44908 An interesting read from RB: Baldy is not the laughing stock. The "longs" of this company are! I would be embarrassed to admit I held this thing for two or three years. I would be embarrassed by the fact of stating that buying shares of a penny stock with credit cards is a good thing. I would most definitely be hanging my head touting this stock, knowing I probably got many unsuspecting "newbies" to invest at $1.50 only to watch it go down 70% since late October. Why do you think people like Baldy hang around this thread? Entertainment value and trying to bring equilibrium to the "longs" and "hypers". Get real! By: Siestamon1 $$$ Reply To: None Sunday, 14 Jan 2001 at 12:20 PM EST Post # of 32328 *INCREASING SHAREHOLDER VALUE?* TSIG stock price languishes at a pre-split price of 4 cents, down 50% since November when Affinity came on board and SR took over. Following two good PRs reflecting Decmember's sales that eclipsed the previous 12 month combined sales by almost 8 times.....one has to wonder why investors have not stampeded their brokers purchasing more shares.... Something is not right... and it is not just the market.. because other stocks have gone up on good news.... We know the recission clause is a real problem since there is no stability guaranteed with Affinity able to back out at a moment's notice and leave. We know of questionable backgrounds of a few of the players which doesn't help either.... Then there is the very generous compensation package for SR. In addition to a $350,000 annual salary, a bonus to double it for good performance, an immediate 2,000,000 share option package at .75 and all of the other perks there is the "sales Bonus" or weekly skimming of revenue, if you will. Going by the information provided in the filing SR is to skim 9% off the top of the new mini-vac program. With sales of $1.8 million reported in December for the new Mini Vacation Product the take for RS is: $162,000.00 FOR THE MONTH OF DECEMBER Let me put it in a litle different way. RS reduced the "net operating margins" by 37.5% with his skimming. Without the skimming the NOM would have been 24%. Reducing the NOM from 24% to 15% is a 37.5% reduction. On January 12th a PR was issued stating that 11,500 memberships @ $8.00 monthly per membership were sold amounting to $92K in sales for the month of December. The take for RS is 8.1% as I read it in the filing: $7,500.00 FOR THE MONTH OF DECEMBER This amounts to RS skimming almost $170,000.00 for the month of December alone not including his $30,000.00 monthly salary, bonus program, stock option program or all of the other perks provided! At the same rate of sales and skimming there would be over $2,000,000 taken by RS that rightfully should go to the bottom line. Then there is the question of the $500,000.00 in bonuses due SR V V and other key employees for facilitating loans to TSIG. The loans totalled $426,000 with interest @12%. The $500,000.00 in bonuses appear to be for arranging those loans as presented in the filing. Then there is the $1.3M+ termination package given to RG and who knows why? To give almost 4 years of salary as termination compensation is absurd to say the least. There are plenty of other questions but these points I am sure have investors wary..... If management has different figures than these figures then a clarification would be appreciated. I used the information provided in the filing. Pigs get fed....Hogs get slaughtered... George.....