SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: dcy who wrote (18728)3/3/1999 8:28:00 PM
From: Chuck Rubin  Read Replies (2) | Respond to of 44908
 
I agree with you totally dcy, great post!! Nailed it!!
The choices were: Possibility of a great Company being formed with a world class management team or a still teeeny tiny little Company no better then it had been....and no way to break the mold.
How did anyone expect the Company built this team from a penny put together Company into what we are about to experience!!
It wasn't by magic....it had to be an outlay of a lot of stock to do this, but I believe, with the management team in place and the deals being made, this will put us into the BIG TIME in a BIG WAY!!!
It is really something that R.G. won't cave into a reverse split because I feel he knows the Company's value will rise up to the amount of shares out there and the share price will soar with the earnings!!
(if the Company wants to buy back a ton of shares in the future, that wouldn't hurt either))!!
But if the revenues are going to be what we think they will be with all these blockbuster deals.....this stock will still be selling eventually in the tens of dollars rather than the tens of cents.

Chuckr



To: dcy who wrote (18728)3/3/1999 10:21:00 PM
From: The Swordsman  Read Replies (4) | Respond to of 44908
 
And if memory serves me correct the PP we ended up with was very favorable to shareholders. No, the dilution however large or small will come from shares being issued to key management personnel, the great people that not coincidentally are bringing their expertise to the table to build this great company.

DCY,

I really still believe in this company's plan. But it won't change the news that was revealed today.

Let's talk about your supposition that the PP was favorable to us. Hogwash!!! The PP formula was concealed from us for this entire period of time. As much as I pressed for it, most of you wanted me to go away and ignore the possibilities. Reality... we've been screwed. Plain and simple. RG did a deal last year that resulted in a 28,000,000 share company going to a 57,000,000 share company. Now we've gone to a 90,000,000 share, and I hope it goes no further, company.

Paul Henry has been misleading and so has RG been misleading investors with statements made to various individuals who reposted those statements on the threads. We have no clear picture of the PP formula even today. We do have a very clear picture of 90,000,000 shares issued as of today.

James Guild was given 600,000 options at .30 when he was hired. He is President of the whole Enchilada. The other men hired report to James Guild. They did not get more than Jams Guild or they would be President!! James Guild DID NOT get any other equity granted to him than those options... period.

This dilution is from the PP holders selling their converted shares into the float...IN MY OPINION.

Sorry to be so harsh, really, but when I read all this denial, I get angry.

Pollyanna is dead!

sword



To: dcy who wrote (18728)3/4/1999 12:58:00 AM
From: Martin E. Frankel  Read Replies (3) | Respond to of 44908
 
dcy and ALL,

Just spent quite some time on the phone with Rob Gordon and I will keep this as brief as possible. The information Bob (REW) has posted on the thread regarding today's "revelation" is completely accurate and valid. None of the "new" stock is registered. None of it can be sold or traded (even privately without being stamped as (unregistered). The increase to 90 million shares being issued and held in escrow (I repeat... held in escrow) was a requirement of the PP agreement and only about 2 million shares have been actually been given to the PP people. By contract, the stock is unregistered, and cannot and will not be registered for many, many months and then the number of shares given will be determined by the price of TSIG stock at the time. This is unregistered Treasury stock... period. This is fact!

I was incorrect in one of my earlier "possibilities" today. Upper management (the new super team) was not given stock outright. They were granted options similar to TSIG's President James Guild and these options only vest on a monthly basis. None have been sold. This is fact!

Rob Gordon has never once lied to me or mislead me in any way. He is a sharp businessperson and a great dealmaker... and that is perhaps one of the reasons I feel so strongly about TSIG's future. The proof of the pudding is what he has done for TSIG in such a short time period... assembling a fantastic management team, developing a phenomenal and unique marketing plan, starting to execute alliances, etc., etc.. How quickly people forget! That is fact!

Those who wish to believe the distortion of facts being spewed on the threads are certainly free to do so, but please don't come back and cry when more and more PRs are coming out. The only think "factual" is that 90 million shares have been issued... but I repeat, the increase in shares was a contractual requirement, the "new" stock is in escrow and only about 2 million have been given to the PP holders, and, most importantly, none of the "new" stock is registered and hence cannot be sold... not only because it is unregistered, but also the contract with the PP "people" does not permit it to be sold for many, many months from now when, IMO, the stock price will be significantly higher... and that includes the 2 million shares they (the PP "people") have already received. These are facts!

Be Right!!!... Sit Tight!!! And that is my opinion based on fact! And for those who cannot understand and choose to sell... well, have a nice weekend. And one other thing... this is NOT a floorless convertible! I am here for the duration... actually in perpetuity.

Best always,

Marty