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: The Swordsman who wrote (24249)4/6/1999 9:55:00 AM
From: Ellen  Respond to of 44908
 
Agree, Suzanne did make a valid point, IMHO.

Like you, my money is still riding here also. Because of the business plan and what can be seen of it being executed.

As to those 5 million shares granted to Mr. Gordon, they were granted 12/4/98 and are restricted. The fact that they are restricted, for at least a year, is the only thing about them that I like.

While I have previously stated my money is still riding on Mr. Gordon, please remember that I had hoped for him to recognize his greed and stand down his planned and exorbitant pay raise until there is some sense of relative performance.

As to the 5,000,000 shares that he literally wrested away from the company, and from us, in his irrationally benevolent grant to himself for performance that cannot be characterized as anything less than abominable, those shares should be placed back into the corporate treasury and also await reasonable revenue milestones to be achieved this year.


Should be done. But will he?

I have little doubt that the company is on the right track after years of bumbling, and playing around as Zeev so aptly stated. (No small amount of credit to Mr. Gordon, AND Dr. Frankel with his introduction of Cohesive and John Hwang.) However, TSIG.Com is in great need of legitimate financing. These outrageous acts of personal greed cannot be rationalized by any reasonable person and should be promptly reversed so that the company does not present itself with the foul coloring and odor that they will produce for such investors to see.

Once again, I cannot believe that Mr. Gordon is the person that the 10K presents him to be. Unfortunately no amount of double talk cannot make it disappear. IMHO, Only the timely reversal of these decisions until revenue milestones are achieved will save his reputation and open the door for prospective shareholders and investment bankers to become interested.


Maybe Marty, since he is there, can open this up to discussion with him.

.....

Glass half empty: # of shares to Mr. Gordon and the amount of options

Glass half full: the business plan, the excellence of those recently brought on board and the agreements already in place



To: The Swordsman who wrote (24249)4/6/1999 10:15:00 AM
From: Sam LBI nj  Read Replies (2) | Respond to of 44908
 
I also agree...I think Gordo could be either very smart or just plain greedy....

how on earth can you justify a 200k raise and 5,000,000 free shares without increasing shareholder value one ioda....I think if he did it after he got us on Nasdaq and we were over 5 bux nobody would care as much, but to do it now is a sin...

On the other hand he could just be assuring himself control of the company if by chance Grady and hatch did the worst case scenerio and converted 17 million shares....if the PP gets paid off and he puts the shares back in the treasury the stock will fly ...

I think the next 60 days of events will tell us the true story....
I am hoping for the best....Lets see what Marty has to say...

Sam.com