To: JEFF BERRY who wrote (861 ) 5/31/1998 4:54:00 PM From: Suzanne Newsome Read Replies (1) | Respond to of 44908
Jeff, Now, don't you feel welcomed? I feel compelled to tell you that you have committed 2 breaches of thread etiquette. You have offended these fine-but a little sensitive-people by typing in CAPS. I know, it doesn't seem like that big a deal, but there's more etiquette in cyberspace than at any debutante cotillion I've ever heard about. Secondly, and this is a big one, you (gasp) disagreed! I bet you thought that the thread was a forum where people presented their opinions, heard other opinions, debated issues, etc. No, no, no, Jeff! Anyone who presents a negative opinion is railroaded off the thread. How well-researched, thoughtfully written, or politely expressed this opinion is doesn't matter! Now you see why this thread is a little on the quiet side. It could be that you know every relevant thing about this stock and have decided that for you, it's too risky. If so, stop reading here. I'll address one of the issues you brought up-cash position. In their 10KSB, the company had about a half million in cash and about $5.5 million in accounts payable on Dec. 31, 1998. A good chunk of the cash was restricted (?). Since that time, Mr. Gordon has personally come up with significant funds, additional stock has been issued, and I believe a private placement has been completed. Numerous individuals and companies have accepted stock and options in lieu of cash for services rendered to the company. The company is projected to be profitable in 1998; more specifically, the teleservices business will be profitable in the second quarter. It appears that the worst of the cash crunch is past. Mr. Gordon is apparently well-heeled and has affluent associates who have put up cash. While I can't guarantee the company will succeed, I don't believe it will fail due to lack of cash. If you have any further interest in TSIG, I STRONGLY encourage you to ignore the insults, hostility, and ridicule, and post again. Regards, Suzanne