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

To: Patricia Trinchero who wrote (30040)	6/4/1999 12:16:00 AM
From: The Swordsman	Respond to of 44908

I'm subjectively negative because I'm not being swayed by any personality. I only know what I read about the man and his performance record. I only know the man by his actions. Not by his excuses and or verbal rationalizations. When you listened to the guy tonight it's easy to believe from the tone of his voice that he's sincere. Or can you. To me, when I compare that to his written record all I hear is someone selling me on something I want to hear. As a shareholder he's telling me everything I want to hear. Problem is he's done this too many times in the past with the same results. Won't be any different this time. It's easier to get an accurate bead on anyone under those written conditions. That's why. Yes he would make tons of dough if the company succeeded. Unfortunately his record speaks volumes about his inability to perform as a manager of a corporation. That's why his teams have a history of leaving him. These are historically successful people from other endeavors but they are always responsible for any failures associated with RG. Or so he would have you believe. There's just so many times that this story washes. Especially when it's recorded in public filings. RG it would appear would rather take the short cut and/or the sure thing of high compensation for zero performance. Lifetime Learning is no different. He contracted with a supplier, and that's all Lifetime is, a supplier, but he contracted with them for the whole enchilada. He basically spent all the dough needed for the next few months of Hwangs operating expenses on an unproven concept that wouldn't pay off until late in the year. A leader wouldn't have bet the farm on one thing and would have kept a more prudent course with a smaller commitment for Lifetime until revenues started flowing in. Really, when you do the reading you begin to see the same pattern for the man over and over again. Failure, dilution, failure, dilution, failure, and more dilution. RG supposedly Harvested $10,000,000 from Phoenix before it closed. Looks like he'll do much better here. He's thoroughly bankrupted TSIG over the recent years. The only thing that's kept it alive is another great idea and shareholders believing in the dream. Well the dream may be great to suck in investors, but the dreamer ain't no manager. He needs to step down and let the company be run with a free hand by good management without the stranglehold that he's maintained over the Board all these years. That's probably why Hwang resigned and then the others followed. No chance to breathe. Dr. Frankel was their only hope, imho. I'd really love to tell you all the things you want to hear, but let's face it, the truth sometimes hurts. SC