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Technology Stocks : CSGI ...READY FOR TAKE-OFF! -- Ignore unavailable to you. Want to Upgrade?

To: Ted Pacitti who wrote (2422)	2/16/1998 4:46:00 AM
From: tech	Read Replies (2) \| Respond to of 3391

Ted, The problem with ConSyGen. We all know what the potential for this company can be. With such a low burn rate and the fact that the company and their alliances are dealing with large organizations such as Motorola and Telenor and several others, it would not take to much to make CSGI move up dramatically. However, it would be disingenuous to say that Management has done its best to instill investor confidence and keep the investors aware of what is going on. This responsibility falls directly at the foot of Ron Bishop. It is his job to make sure the investors are aware of what is happening with the company and to promote shareholder value. (we have seen neither.) It has been a while since there has been any kind of shareholder letter or conference call to discuss the prospects of ConSyGen. From what I understand, Mr. Bishop had promised at the shareholder meeting to keep the shareholders apprised by doing both. (we have seen neither) Mr. Bishop needs to inform the investors, and potential investors, as to what is happening with the company. We need to be informed of the status of the Motorola Project. - Has testing been completed - What were the testing results. - Will Motorola use ConSyGen to convert a portion of the 100 million lines they have nation wide? We need to be updated on the NASDAQ listing - It has been over 110 days since they filed for the listing, what is the hold up - Has the NASDAQ asked the company for more information. - Is ConSyGen's legal council on top of the situation. This silent approach is not working, the investors have a right to know what is going on with this company. There is a fine line between making ridiculous projections and estimates, as CEO's of other y2k companies have done, and saying nothing anything at all. WE NEED TO BE INFORMED. I have also just found out that Agiss has FIRED Mr. Scott Feagan, the former Pres. of Agiss. Agiss - has been the biggest disappointment to date. They have failed to provide the kind of work promised to ConSyGen, and they have not announced any significant conversion work at all. It is time for Agiss to put up or shut up. If they do not provide some code soon, ConSyGen should TERMINATE their exclusive agreement with them and sign on with other companies in Canada. I currently don't own any shares in Agiss, but if I did, I would be very upset that material information such as the termination of the Pres. of the company was not announced. That is probably why the stock has tanked so bad. There is no reason for CSGI to have a exclusive agreement with Agiss, if Agiss can't produce. Furthermore, after some time, we finally saw CSGI change their ridiculous disclosure statement. The lawyer who was advising the company regarding the original disclosure statement should of been fired on the spot. It is obvious that he had no idea what the hell he was talking about. No other publicly traded company used such a ridiculous statement. I think management finally saw the light and heard the complaints and acted accordingly. Well, If this same attorney is working on the NASDAQ listing, then I wouldn't be surprised if he screwed up something in the process and that is the reason it has taken so long. This guy is the same moron who writes CSGI's SEC Filings. The length and the repeat of information in filing after filing, in my opinion, is ridiculous. Either this guy is trying to milk every hour on the time clock, or he is completely lost. Regardless, the stock has been setting up to break out and the company needs to announce some major news to facilitate the move. Mr. Bishop needs to do a much better job to keep the current shareholders informed, and to do as much as possible to get the ConSyGen name out there to attract new investors. Just my opinion. tech.