Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Martin E. Frankel who wrote (23576)	4/4/1999 2:43:00 PM
From: Andrew H	Respond to of 44908

****More questions for St. Pete**** These are Zeev's questions (I have already asked mine)and you can decide if you want to relay them, although I think 3 and 4 merit an answer. I am less concerned about RG's salary increase than I am about the tremendous dilution inherent in the PP and the excessive number of options. >>1. What great performance in your management of TSIG during 1998 justifies doubling your pay and granting you 5 Mm shares of the company? After all, you reduced the sales by 50% only while the losses have been reduced by only 30% 2. Will you voluntarily reduce your pay back to the level of 1998 until you show you can indeed grow the top line as your intentions indicates and stop shipping a $1 dollar product wrapped with a $12 dollar bill (roughly the performance of last year, the year before you managed to wrap those sales a little less costly, each dollar of sales was wrapped with a $9 bill). 3. What justifies establishing options plans of 47.5 MM shares for a company which had only 30 MM shares at the beginning of 1998, is there a model of any other company where such a ratio is practiced? 4. What is the distribution of these 47.5 MM shares between the various executive of the company, how many of these options were actually granted so far, and does this number include the 30 MM shares or so exercised last year.<<