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


To: REW who wrote (28384)5/17/1999 5:26:00 PM
From: cicak  Respond to of 44908
 
Bob - Great Job ! I just want to say - THANKS !!! for all your hard work. Hopefully - we may soon look forward to Martin E. Frankel being appointed to the Board of Directors of TSIG.com. :~)

Regards,

phil.com



To: REW who wrote (28384)5/17/1999 5:29:00 PM
From: Tom  Respond to of 44908
 
Bob: Thank you. eom...



To: REW who wrote (28384)5/17/1999 5:43:00 PM
From: Jazzbo  Read Replies (2) | Respond to of 44908
 
Bob,

As always, thanks for all your efforts. I can wait 'til October, November...whenever, for profitability. Right now, revenues are what I'd like to see, and I expect they'll be increasing in the months ahead.

Hey, I just realized I'm now "long term" with my first 30K shares. I'm feeling old.

Best, Tim



To: REW who wrote (28384)5/17/1999 7:24:00 PM
From: JRSwails  Respond to of 44908
 
*** Thanks Bob for a Job Well Done...You The Man *** EOM



To: REW who wrote (28384)5/17/1999 8:12:00 PM
From: Rich  Respond to of 44908
 
Good job Bob.

Rich.com



To: REW who wrote (28384)5/17/1999 10:19:00 PM
From: JWC  Respond to of 44908
 
Good job Bob!

>RG took the packages for Henry and Guild and said he would give them theirs<

Do you think he really will :-))

Jeff



To: REW who wrote (28384)5/17/1999 10:33:00 PM
From: Suzanne Newsome  Read Replies (4) | Respond to of 44908
 
From Bob's meeting with Rob Gordon:
"In regards to those wanting alternative financing immediately, that won't happen for awhile. First, the PP must be contractually satisfied. That will require the additional shares be authorized at a shareholders meeting and the necessary shares placed into escrow. The PP is releasing enough funding ahead of time to keep the company going forward and the rest as soon as the shares are escrowed. Then the company can drive to profitability. The way it was explained to me, this function must be accomplished and then resolved. Once the issue is done then the alternative funding can be obtained."

Bob, this post is not directed at you, but this paragraph raises many concerns for me. Gordon says the PP must be contractually satisfied, then the alternative funding can be obtained. Am I missing something? Why this must be is not intuitively obvious to me. I understand contracts. If TSIG agreed to do certain things in the private placement agreement, then those actions must be taken. It has been mentioned that a stockholders' meeting would possibly take place in July. Does it not make sense to pursue the alternative financing as vigorously as possible, pay off the PP, and not increase the authorized shares if possible? Obviously, the alternative financing may not be found in time. But why is it so clear to Mr. Gordon at this point that the authorized shares must be increased first?

Suppose the company doesn't obtain the financing in time and has to increase the authorized shares. The shares are put in escrow, the alternative financing is obtained, the PP paid off, then there is a potential 50 million shares available. For what? This is a very worrisome question for me. Over the past year, TSIG's shares have increased astronomically. This has been explained to me as being accretive, as being necessary to attract quality management, and as necessary to finance growth. While there is an element of truth in all these explanations, the outstanding shares cannot increase 300% in 1999! There is a limit, Mr. Gordon.

It has been mentioned that Mr. Gordon is interested in using shares for acquisitions. I believe the promotional campaign for that cause has begun. Am I the only person that thinks TSIG has plenty of irons in the fire at this time? Is the online services division, teleservices, and the card division not enough for one cash-strapped turnaround company? Would it not be better to slow down a little and let our bank account catch up with our ambitions? We heard this weekend an eloquent plea for customer service. Rather than continually buy more, start new divisions, issue more shares, expand into new areas, let's slow down and consolidate what we have. Let's execute the plan we have underway before starting something new. Is the MyMusicCard web site comparable to CDNow? to Amazon? Is customer service comparable or better? This is the type of thing we need to concentrate on now.

I understand that new opportunities may arise that would be appropriate for TSIG's consideration. Next summer, when TSIG has several profitable quarters under its belt, I certainly would not oppose the company entertaining the idea of growing. But how's this for a novel idea? Let's use a combination of cash and conventional loans (like from a bank)! Does anybody think for a millisecond that the stock price will ever increase if the number of outstanding shares continues to mushroom? Mr. Gordon and the other directors seem to think that shares are a credit card with no limit that never has to be paid back. How intoxicating! Let's set Mr. Gordon's credit limit at 100 million shares.

I will be at this summer's stockholders' meeting if I have to crawl to Florida. And I will vote to increase the authorized shares. Under one condition. The newly authorized shares will be used ONLY to satisfy the requirements of the PP. If the shares are not needed for the PP, the number of authorized shares returns to 100 million.

Regards, Suzanne



To: REW who wrote (28384)5/18/1999 9:18:00 AM
From: Dave Gore  Respond to of 44908
 
Thanks for the update Robert. It is hard to buy when a stock is down, but that is of course is the absolute best time to buy for anyone who believes.

Sounds like we are close to lots happening. It is nice to see so many loyal shareholders. I would bet that many are going to give TSIG another 90 days and then re-evaluate.

There is nothing worse than selling at or near the low, right before momentum comes back. All the bad news seems factored in and the odds are we head up soon.