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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: one way who wrote (27955)	5/12/1999 1:05:00 AM
From: cicak	Respond to of 44908

Hi one way - one of the best posts I have read rationalizing the support for Martin E. Frankel's appointment to the Board of Directors (BOD) of TSIG.com is the following post from Suzanne Newsome. There are many others. Overall, there is overwhelming support for Marty's appointment to the BOD of TSIG.com on this thread and a significant # of shareholder support which REW (Bob) will soon deliver to Robert Gordon. :~) Regards, phil.com ========================================================================================================================================= Message 9162050 Joe, I always enjoy reading your reasoned opinion on any subject connected with TSIG. Don't be such a stranger. Parenthetically, allow me to compliment you on the masterful job you did the night the 10KSB came out. The discussion you held on the PP was Silicon Investor at its best. A tremendous contribution! I beg to differ with you on the subject of Marty on the Board of Directors. Marty will bring the shareholders' viewpoints and concerns to the table. Is it a slap in the face to current management? Management may have brought that on themselves by being less than open and straightforward on several occasions. I'll ask the questions once again. Has management been deliberately deceitful to further its own gains? Or was management walking a tightrope in an attempt to avoid outright disaster? Your call. Perhaps you could share some of your expertise with us again. How many people does the typical, average board have? Until very recently, the TSIG board had three-R. Gordon, Henry, and brother Michael Gordon. Can we unanimously agree that this was NOT a diverse, balanced board? Hwang is a good addition-but he's 27 years old and Gordon hired him. Based on his posts, I suspect that Marty can get a little feisty. Yet, he is obviously able to work in concert with other people. Marty has proven himself by making substantial contributions to the company. Marty on the board is a win/win situation for the company and the shareholders. There is currently owed to R. Gordon a balance of $350,000 which can-at Mr. Gordon's option-be taken in cash or converted to shares at $.15. This is at a time that the shares are trading at $.35. I understand that Mr. Gordon's money was a loan of last resort, taken without any pledge of collateral. Granted he should receive an appropriate return on his money for the risk taken. Perhaps 12%, or 15% or even 25%. But 230% seems inappropriate to me and grossly unfair to the stockholders, particularly when Mr. Gordon has the overwhelming advantage of insider knowledge. You alluded to our duties as shareholders as being supportive. I would say our duty is to provide capital for the company. Beyond that, I would point out that a company is structured somewhat like government-there is intended to be a balance of power between the parties which join together in an economic enterprise. It is NOT incumbent on the shareholders to sit passively by and accept any and every action proffered by management. I was slightly astounded by Paul Henry when he stated that he knew the 26 million shares "looked bad" but basically said it was a safety net in case things got bad again. We are going to pay Golin/Harris good money to convince people to buy this stock, but oh by the way they should just ignore this little 26 million shares of potential dilution? Management has totally lost its perspective on this issue. You said that this is not the company you bought into last April. I agree wholeheartedly with you on that point! I probably could not have dreamed up a company with as much potential as the real TSIG has at this point. It amuses me to hear about people who have owned the stock for a year and are thinking about selling. This company is 10 times more substantial than it was a year ago. Too bad to have waited so long and then miss out on the good things ahead. Good to talk to you, Joe. Regards, Suzanne

To: one way who wrote (27955)	5/12/1999 7:58:00 AM
From: REW	Respond to of 44908

Martin Frankel will be more important on the Board than as a poster. The company is now approaching the stage that will no longer have the requirement of shareholder handholding. By the first of the year I expect the total record to be able to speak for itself. The Board of Directors are not to openly discuss issues with it's investors that are the working decisions of the company. They are to make represented decisions for the shareholders that result in the company's advancement. Occasionally adjustments in the membership is necessary for several reasons (better balance of interest resulting in decisions instead of control being done, company growth beyond the knowledgable content of a member, change in company structure without proper adjustments) to name a few. Marty will bring the balance to the board it desperately needs. Marty's qualifications go much farther than the shareholders might think. He has been involved in almost every step of a private and public company's developments from both the positive and negative aspect. That is valuable experience. He also maintains very important potential contacts. The following is the first post I made on the subject. To: Suzanne Newsome (27144 ) From: REW Sunday, May 2 1999 9:06AM ET Reply # of 27963 *TO ALL --- IMPORTANT --- Frankel Board consideration* I have been placing a lot of thought into the proposition brought to the management of TSIG concerning the appointment of Martin Frankel to the Board of Directors. It is my feeling the fractured method of delivery, multiple request, along with the non-response of many shareholders will dilute the decision process to non-consideration. Therefore, I am going to test the waters to see if there will be enough unity and commitment to warrant the bringing up of the shareholder request to management again. I will be looking for additional representation to give the carrying of the request enough weight to have a strong possibility of being passed. I am not asking for immediate response at this time. Trust me, all will know if there appears to be enough support to warrant calling for resending the shareholders information to go along with the request for addition of Mr Frankel to the Board. I intend to do some fact finding next week. The request for further expansion of the Board is not unreasonable. The Board should be made of individuals of diverse backgrounds and bring to it views from varying perspectives. It is also not unreasonable or disadvantageous for the Board to have a shareholder representation. The actions of the Board should be in the interest of the shareholders at all times since the success of the company is the prime desire of the shareholders. Everyone should also know that Mr Frankel is more than a doctor. He has performed dedicated tasks for TSIG in the past with the Cohesive contact and pressure to develop the contract arrangement that produced the MyMusicCard site. He also was directly responsible for the introduction, request and acceptance of John Hwang to the Board of Directors and then involved in the move of Mr Hwang from Cohesive to TSIG resulting in his appointment as a Sr VP. He is continuing his high interest and drive to have TSIG become the best it can be. That can, at this point, IMO, be best served as an active Board of Directors member. Mr Frankel has also been involved in other public and private companies through their developmental stages. He has seen and been involved in the positives and negatives of their developments and has seen and experienced the results. He brings solid experience to the Board and will use that experience to aid in the advancement of TSIG. It must also be known that with the inclusion of Martin Frankel to the Board he will very likely be required to remove himself from posting directly to the shareholders through this or any other forum and be relegated to those informational actions approved by the Board members. The company is developing to the point that it will soon be advancing well enough on it's own to become apparent to the shareholders and interested investors of it's potential and direction. The next several months should finish setting that stage. Again, I do not wish to start or have extensive debate on this issue. I will not be overly conversing on this matter publicly and do not intend to make this a public outcry. This forum is for the discussion of the possible and potential developments of TSIG. Allow the time necessary for the fact finding to take place. When the support seems to be sufficient and the action warranted, there will be a call for resubmitting the necessary information. At this point I am deleting the prior requests of the shareholders that responded to the last drive. This time, if called for, there will be a specific format asked to be followed. Those that do not wish to follow that format stand a good chance of not having their opinion considered by the company. Thanks for your attention Bob