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


To: Suzanne Newsome who wrote (28684)5/21/1999 6:26:00 PM
From: secureit  Read Replies (1) | Respond to of 44908
 
Suzanne and ALL; thank you Suzanne for sharing your DD on the Lifetime Learning package. I agree with Mr. Stone's analysis as to the mailing and potential results current and future of this program to TSIG.

Investors in TSIG need to think long term 1-2 years and beyond. The business model is still great but the execution is slower than we like to see it. But, the execution is proceeding and will eventually bear fruits to those who remain faithful. Yes, there will be hiccups and changes along the way but no road to success is paved without them.

I suggest that all long term investors remain calm and positive. Do not let the day to day fluctuation of the stock price influence you away from your long term objective. Do not be swayed or influenced by the bashers and negative posters but instead do your own DD and follow TSIG's accomplishments and let that be your guide as to the company's current and future performance.

I still believe that management will resolve the current financing situation in a positive manner, Golin Harris will get the job done and TSIG will become a very profitable NASDAQ listed company within 18 months. To all investors whose time frame will not allow them to wait this period of time, I suggest you find another company to invest in rather than moan and groan every time the stock price doesn't meet with your expectations.

JMHO

All Good Regards;

Paul



To: Suzanne Newsome who wrote (28684)5/21/1999 7:28:00 PM
From: Tom  Respond to of 44908
 
Suzanne and Paul: Thank you for your posts. Very informative!



To: Suzanne Newsome who wrote (28684)5/21/1999 8:49:00 PM
From: ztect  Read Replies (1) | Respond to of 44908
 
Suzanne......

I've been in a lot of meetings the past two days, so I didn't get a chance to call Mr. Stone. Besides, after Sword posted the number, along with my inability to contact him soon after Sword's post, I imagined Mr. Stone would be inundated with calls, and thus I didn't wish to be a nuisance.

Now in your conversation with Mr. Stone, if I'm not mistaken, the issue as to whether the April to May "delay" was even an "issue" can't be ascertained, thus, consequently a negative or positive spin really can't or shouldn't be spun on this "issue".

Is this a correct interpretation?

If I were to find anything negative in your account, I'd have to be a bit concerned about your wording that LifeTime "...didn't hear from TSIG..."

If there was a funding issue or another reason for delay (possibly something else that was a more "timely" priority), TSIG should have made a concerted effort to communicate with its "partner" to at least let them know what was happening...

Then again, this kind of crtiqueing is easier from the outside looking in.

Anyway, on a completely different issue...and what I considered to be "good news" from the 10q, that no one else hitherto has seem to mention is the resolution of outstanding litigation including that due to the dissoltuion of VSI..

From the 10q...
====================================

ITEM 1. Legal Proceedings:

1. On February 9, 1998, Robert P. Gordon, individually, filed a lawsuit against Felcrest Trading Ltd. ("Felcrest") in Circuit Court for Pinellas County, Florida in connection with a private loan made by Felcrest to Gordon. On October 23, 1998, Felcrest filed a third party complaint against the Company, VSI, and current and former officers and directors of the company and VSI and other third parties (collectively the "Third Party Defendants") asserting claims for unspecified damages against the Third Party Defendants. All parties have executed a Stipulation of Dismissal based on a settlement agreement that is subject to court approval.

2. On March 5, 1999, the Company's wholly owned subsidiary, VSI, filed a voluntary petition for relief under Chapter 7 of the United States Bankruptcy Code for the Middle District of Florida, Tampa Division. VSI was a party to several previously reported material litigation proceedings, all of which have been automatically stayed as a result of the bankruptcy filing.

===================

Getting rid of these legal items should help clean up the filings.
Would be interesting to find out if the terms of settlement were favorable to Gordon.....

Anyway....

Thanks for the report of your conversation with Mr. Stone.

z



To: Suzanne Newsome who wrote (28684)5/21/1999 10:46:00 PM
From: Jazzbo  Respond to of 44908
 
Hey Suzanne, ... Thanks. Tim EOM