To: REW who wrote (27869 ) 5/10/1999 12:16:00 PM From: V$gas.Com Read Replies (1) | Respond to of 44908
From RB: Real Time Quote Chart Free E-Mail Raging TSIG Links < Previous Respond Next > By: Roachdog Reply To: None Monday, 10 May 1999 at 12:06 PM EDT Post # of 9036 TO ALL------ I have just returned from Florida where I have had the opportunity to visit the offices of TSIG.com. I have been away from the boards for several weeks and therefore do not have the benefit ofknowing all of the current discussion. However, I know that much of what is being written in the past thirty or so posts has no relationship to reality. I arrived un-annouced, there was no preperation by the company for my arrival. I had to wait for about 45 minutes -- because everyone was working! I was able to see the Call Center in action and the corporate office side of the floor wherein TSIG is located. I was gratiously provided an hour of time with the president, James Guild and Paul Henry. I asked them to describe to me the unfolding game plan of TSIG.com. I further asked them to descibe the current financial status of the company and the disposition of the VSI holdings and Chapter 7 filing's effect on the company. The most important information that I wish to convey to others is that TSIG.com IS FOR REAL. This is no penny stock scam. TSIG.com is an accumulation of revenue producing business assets that when pulled together form a powerful new enterprise perfectly suited to provide internet related services to an industry that is just in the beginning of its existence. As more companies find the need to have a presence on the world wide web, more customers will come to TSIG.com for the management and expertise needed to get there. John Hwang is a vital person in that role. The next most important thing is to understand that this is a start-up busineses. It requires time to generate earnings. Do not expect to see big numbers on the next quarterly. In fact, expect to see low numbers. This is because the organization is in its start-up phase. A start-up phase requires a focus on providing a constistant set of "deliverables" (web pages, data services, Call Center processes, etc.) to provide support for a wide range of business interests that intend to use TSIG.com. When the company is ready to PROVIDE the services they are preparing for, then we will see the revenues FROM OPERATIONS. Do not expect positive earnings until the end of the year. Thirdly, because TSIG.com is a start-up, strategic alliances will be (and are) sought as we move forward. These alliances bring not only additional money (which is needed) but also additional business skills and capabilities which the business will need in order to execute its game plan of providing internet related management and product services. The slew of PR's demonstrates the strategic nature of such alliances. Note that most of the alliances do not neccesarily promote direct sales, but instead, provide channels of access to greater markets. When the organization is ready to roll out its services in a coordinated way, and as the Mycard products division develops, (with its unique revenue sharing and advertising model) the earnings will appear. And as the earnings appear, the value of the shares of the company will improve dramatically. I can honestly say that my visit cemented my understanding for this company and what it is attempting to acheive. It hasn't acheived it yet. It is attempting to. If the execution of the plan is done as well as the design of the plan, we will be holders of a very valuable stock. As for revenues, the next quarterly report may disappoint some people here becuase the expectations of some investors on this thread is short term. For those of us who are investing for the long term, the next quarterly will demonstrate concrete steps taken by the company to put the company in a position to be profitable; new management, new business practices and a new focus -- very much different from the VSI venture. While the company officers could not share specific numbers with me, I think it is fair to see consolidated revunues from operations measured in the six figures, not the seven figures. In addition, the Chapter 7 filing of VSI has removed those assets and LIABILITIES from TSIG's financials. Those assets and liabilities are now property of the Bankrupcy Trustee. I doubt we will see any reporting of those debts included in the next quarterly. The expenses listed in the next quarterly will reflect investments in the current TSIG.com enterprises. To conclude, Marty has been straight with this thread from day one. This is a company preparing for the 21st century and is very well positioned with both human and physical capital assets to pull it off. I like what I saw and I will be patient. To everyone else who thinks they can contribute to this thread, there is a clear line between fact and fiction. To protect ourselves from bashers let's make a point of citing sources. If you don't know for a FACT what your talking about (bashers), please keep it to yourself, because it will be clear who is full of $hit and who isn't... For those longs out there: I've been there. It's real. It's happening. TSIG.com is a great LONG TERM stock to put away in an IRA. I personally have almost 20,000 shares. Give this puppy time to grow. Long and going longer every week.