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