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

To: Ellen who wrote (28033)	5/13/1999 12:52:00 AM
From: The Swordsman	Read Replies (1) \| Respond to of 44908

Nice post Ellen, Here's a further thought about a statement quoted here from Ragin Bull. And sorry Craig, Ellens posts may be kinda related to TSIG. If they are I think that there is a way to fix this problem besides selling and taking a loss. Message 9502109 He quoted Henry saying that the RCLA will disappear once new* financing is found.* That's all these guys have demonstrated that they're good for. For 10 years. Finding more financing and making all the consultants and themselves rich. They have never made a friggin, (I said 'iggin,) dime and until someone with common sense and a basic understanding of positive cash flow takes over I'm afraid that finding new financing is all we'll ever hear about. Just as an aside, Mr. Henry, according to what I've read in the latest 10K gets paid $15,000 per month ($180,000 per annum,) and last year received over a million shares of TSIG, (again in last years 10K,) worth about about another $300,000 to $400,000. At roughly $480,000 to $580,000 per annum just what does anyone here believe that this long time,(from Phoenix days, check the filings,) buddy, fellow Director, of Mr. Gordon provide to the company, or Mr. Gordon, that's worth even half that amount? Mr. Henry... "do you know something that we don't know?" That amount of money is equivalent to more than half the TOTAL ANNUAL REVENUES of TSIG just last year. Check the records, I couldn't make this stuff up if I tried. Now to be fair last years 10K clearly stated that he would only be paid $5,000 per month until he finished doing whatever it was that he was still doing as of April '98 at Phoenix. However, once finished?? at Phoenix, he would receive the full $10,000 per month and 1,000,000 shares as compensation for 1998. He must have done a really bang up job somewhere's last year because according to the latest 10k he's now received a 50% raise in his base pay to $180,000. Not bad for the secretary and IR person, especially from a company that lost $11,000,000 on sales of about $1,000,000. At this point I'd appreciate it if someone would go check my numbers to see if I missed something, please. Once again, what does Mr. Henry provide to TSIG and Mr. Gordon that's worth such remuneration from the coffers of a PUBLIC* corporation* that's losing shareholder equity by the minute for all 365 days of the year? Now a last thought. As Ellen will soon mention, it appears that Dr. Frankel is quickly closing in on substantial shareholder support. REW has been receiving share counts and names for the past 2 weeks. Well, as he gets closer to a presentation of the issue to TSIG folk, it also appears that this outta-the-blue declining share price may be forcing many to sell. Now we all know that no one force or another can drive the price of a share down. Right? wink wink. The BB market is always a fair and balanced marketplace. Right again... eh? 3 winks. But gee, wouldn't it be terrible if many of those that reported to REW are now selling out? Aw gee, what terrible timing. A Wall Street truism. Many times the price of the stock has little if anything to do with the health of the company. TSIG, we will all have to agree is not healthy. Financially speaking that is. However, they have many products without peer in the market place, a unique and synergistic marketing model, and programs that will probably drive the little revenue that's needed to cover the nut into the acct's receivable shortly. We here on SI probably know much more about TSIG than those not here. If TSIG has the op to go to 50 to 60 to 80 cents within the next few weeks or months, please recognize that the plan is still valid and to bail out now after sustaining a loss only on paper may only be fulfilling someone else's agenda. IMHO Please think a bit. SC