To: JCinTC who wrote (9571 ) 11/11/1998 10:14:00 PM From: Martin E. Frankel Read Replies (1) | Respond to of 44908
Hi JC, << You state "the money is there", where is there & what are they going to do with it? >> My understanding is that funds are already in an escrow account. Secondly, and I know some may find this hard to believe (and that is their problem), but there is a group that has been on the sidelines offering to make a deal for a PP of $2,000,000 for quite a while now apparently... and they are still ready and willing... and this came from an outside source that I consider reliable with direct connections to these individuals and not from TSIG or management. As far as what they are going to do with it... that is a decision for Rob Gordon and management to make. Just remember that the size of their (Rob Gordon's and managements') bank accounts is very much correlated to the success of the Company. As to the cost of the PRs. I spoke with Mark Kabash at VistaQuest today at quite some length. It is not the cost of writing the PR that is expensive. Apparently, the major news and wire services (Dow Jones, etc.) will not pickup news releases that do not relate to major corporate financial changes such as contracts, etc.. They do not consider themselves "advertising media" and the PR Newservice (the service that will put out these types of releases ( look at our new website, look at our ads in ...) is, from what I am told, quite expensive. That is where the $10,000 figure came from. If anyone else has any factual information that is different I would like to know. IMHO, I believe it is important for everyone to remind themselves that, with reference to the CD part of TSIG, the major bulk sales of the "MusicCard" to corporations, foundations, organizations, etc. is where it's all at. The CCI website is just the venue for the use of the "Card" and for the reloads to occur. Just picture, if you will, just one corporate contract to provide 2,500,000 card per annum... each and every year... at $5. net profit to the company. Try it a few times with different companies and organizations and add up the bottom line. It might be closer than you think and the amount is staggering in my opinion. Perhaps that is why I have taken the position I have with this Company. But, again, this is only my opinion and each must do their own DD and make their own decisions. Best always, Marty