To: Suzanne Newsome who wrote (27468 ) 5/6/1999 9:34:00 AM From: The Swordsman Read Replies (4) | Respond to of 44908
Suzanne, Thanks for the inquiry and your answers. I guess my previous post could be interpreted as suggesting something sinister was taking place. However, the history of TSIG with regards to the way-after-the fact releasing of substantial dilutive actions designed to line the pocket of one individual , leaves one with a rather cynical perspective. Especially since his history has him succeeding, the company failing and the shareholders getting screwed. While not always, optioned shares are usually provided to folks that need to file form 144 with the SEC indicating sales or purchases. When buying the option doesn't that constitute a purchase? Therefore triggering the need for the filing of a 144? Options in the amount of 1,700,000 are not small potato's and would indicate to me that high level people were in-fact involved. This wouldn't be the first time that the company, in the form of its spokespersons', Mr. Gordon or Mr. Henry have been reported to have told a shareholder something that was a lie. Witness REW's post about the grossly premature filing of the PP and Dr. Frankel's post about there being a floor in the PP. Not trivial matters by any stretch of anyone's imagination. As shareholders it's our responsibility to judge the present and the future with continued reference to the past. I've also heard that verbal utterances directly from company insiders, CEO, Chairman and so on will never be cause for actionable consequences. Much less the heresay repeating of such utterances. Only when in writing. I have little doubt that Mssrs. Henry and Gordon have secretarial staff that could easily provide faxed written and signed responses to all legitimate questions. By the way, did Marty ever receive his answers from the company and company's counsel in written form? Said he was waiting specifically for that. Hasn't been posted here to date! Just as a further aside, take a listen, or look at the transcript of last years conference call set up by Gambler. Look carefully for any answers from Mr. Gordon to material questions posed by shareholders. I think it's interesting that there were either noises in the background or we'll check on that and get back to you or the call comes to an end. Most of Mr. Gordon's input to the call was opinion and fluff until asked hard questions. It would also be interesting to note if the person conducting the call was a paid promoter, shares or money. It would also be interesting to know if Gambler has in any way been compensated by anyone for starting this thread or if anyone else is currently under the employ, direct or contractually, of any company or organization being compensated by TSIG under the direction of Mr. Gordon. Now here's where it's important to understand that I, like most of you have faith in what appears to be a great plan. I am not at all insinuating that TSIG is a scam or less than legitimate in any way. But as you dig deeper into Mr. Gordon's and Mr. Henry's history it becomes painfully clear that they have made lots of money by selling shares. Certainly not by executing a successful business plan. This could be a great company. If business management types were in charge. Ones whose fortunes are directly and exclusively linked to the company's success. Unfortunately for the shareholders Mr. Gordon has a demonstrated knack of doing very well in the face of continued failure. Doesn't make him a bad guy, just a lousy manager. If he would just step upstairs to the Chairman's spot, relinquish the CEO spot to James Guild or John Hwang... he'll probably make more money than he ever thought possible. And so will we shareholders. He also needs to remove that loan agreement and start to operate more in the light of day regarding material matters. This company has been promising revenue for almost 10 months and still zilch. If there were bux coming in we would have heard about it by now. There appears to be no execution where the dollar hits accounts receivables. All these little? financing deals do is make money for outside parties, further diluting the shareholders equity, and usually working to the great advantage of Mr. Gordon. All the while appearing to accomplish really really big things , but in reality, a clear case of majoring in minors. Just a few (lol) thoughts Suzanne, and thanks again for acquiring a response. SC