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Was Nic your source of information, or the CFO?
Thanks for sharing gator!!! About the same info on my end!
YES.. 30-60 more days or it could be 30-60 after that... can't WAIT!
Just got off the phone with Uncle Nic. He told me 30-60 more days, September, bleeding into October, but that we would all be ecstatic. Told me to pay no mind to the years of no communication, the selling off of the assets, the revocation or the crappy quarterly results. Uncle Nic also said not to worry about him getting in any trouble with the feds; that it was all just a mis-understanding and like the phoenix he would rise from the ashes triumphantly. Further he told me that there would be no RS, we would all be made whole and profit greatly. He thanked me for the years of blind loyalty and faith and asked if I enjoyed the recent World Cup.
Or maybe I just heard the crickets....it was definitely one of the two. See you guys in a few weeks when I check back in for another dose of frustration.
God Bless.
Just a guess Q2 was not so great???
I'll give you a pack of cigarettes for a extra scoop of beakfast mush! LOL!!
He is Multi Tasking Doing a Renovation On All Three.
At his level?? You mean the level where you make license plates all day??
His new home won't be quite so extravagant.
His wife is an interior designer. I'm sure she did all the work but, I'm sure it wasn't cheap.
Are you kidding me... It's called having people do things for you. At his level he has people that have people to do things!!!
I'm surprised he's had time to oversee a renovation when he's been working so hard to get CYSG relisted and DPSI on the NASDAQ.
Weird.
Looks like he's been spending quite a bit of money...
05/06/14
The one time home of a convent associated with the Church of St. Joseph, the townhouse at 154 Waverly Place, which dates to 1839, subsequently housed Andre O’Neal Harrell, one half of the Harlem hip-hop duo Dr. Jekyll and Mr. Hyde. (Mr. Harrell went on to found Uptown Records—the sometime home of Heavy D & the Boyz and Mary J. Blige, among others.) Since 2000, though, it has been occupied by Nicholas R. H. Toms—CEO of mobile computing and wireless provider DecisionPoint Systems—and his wife Caroline, who bought it for $4.2 million and swiftly embarked on a two-year renovation to restore the 5,900 square-foot residence to its pre-convent, single-family configuration.
With three teenage children heading for boarding school, however, the family has more recently been on the lookout for something a bit more practical for their current needs, Mr. Toms told the New York Times. The renovation was insufficient, apparently, to entice buyers at the $20 million asking price the Toms tried for last year. But $14.95 million, its most recent listing price, proved to be more like it; the townhouse has just entered contract, according to Donna Olshan’s luxury report.
“We replaced everything except the staircase,” Mr. Toms told the Times. But 154 Waverly was not the subject of a modern, high-sheen overhaul. The home has distressed, pine plank flooring, tons of intricate molding, ceilings 11 and 12 feet high, and numerous fireplaces. There is custom silk fabric on the walls and French doors opening on a terrace large enough for dining. A wet bar in bright red lacquer offers a splash of mischief amid an otherwise staid ensemble that includes toile wallpaper, chandeliers and a formal living room done in a soft shade of daffodil. The listing, held by Rachel Glazer at Brown Harris Stevens, boasts of 2,000 square feet of outdoor space, including a sunken deck and a bricked patio.
http://observer.com/2014/05/ge-thee-to-a-nunnery-ex-convent-on-waverly-asking-14-95-m-goes-into-contract/
awhhh you know he's enjoying his time....the weathers nice, just grab a cold one and forget all about cysg--csg??? doing what he does best.
Why don't you ask Nic how he's enjoying his free time?
Sooner or later, it catches up to you.
No one cares if you got a response from Toms. His little run of incompetence is about to end.
Couldn't have happened to a better person.
You can take the (total) loss from your CYSG shares at any time you want.
and that really means 30-45 Years
What was his response?
That's what I meant.
ill bet he told you two more games left in the World Cup ???
What Shares of CSG ? Shares of CSG do not exist
As for my shares of CYSG I cannot claim them for a loss because there was still a SEC restriction / Investigation ongoing.
I imagine he has some free time on his hands now.
I got a response from old Nic yesterday!!
Please share!!
Yep. Tell the board what TDA told you about your shares of CSG.
Is he not "Associated " with other companies that have a Percentage of shares
Still connecting him to the company ?
Toms is in trouble...
On July 2, 2014, DecisionPoint Systems, Inc. (the “Registrant”) received a written “Wells Notice” from the staff of the Securities and Exchange Commission (the “SEC”) indicating that the staff has made a preliminary determination to recommend that the SEC bring an administrative proceeding against the Registrant. On the same day Nicholas R. Toms, the Registrant’s President and Chief Executive Officer and a member of the Board of Directors, also received a Wells Notice. The SEC staff has informed the Registrant that both Wells Notices relate to allegations that, from late 2009 to early 2011, Mr. Toms was the beneficial owner of shares of common stock of the Registrant that were held and traded by a Delaware corporation in which Mr. Toms was a 10% owner; that Mr. Toms exercised control over the corporation’s securities account; and that the corporation’s shareholding and trades should have been reflected at the relevant times in public disclosures of Mr. Toms’ other holdings of the Registrant’s common stock.
A Wells Notice is neither a formal allegation of wrongdoing nor a finding that any violations of law have occurred. Rather, it provides the recipient with an opportunity to respond to issues raised by the staff and offer its perspective to the staff prior to any decision to institute proceedings. The Registrant intends to make a submission to the staff in response to the Wells Notice setting forth why no action should be commenced against it.
In addition, the Registrant’s Audit Committee has begun an internal review, assisted by new outside counsel, and the Registrant’s independent directors have placed Mr. Toms on leave from his duties as an officer of the Registrant, pending further inquiries and determinations. Mr. Toms remains a director of the Registrant and retains his duties as a director. Mr. Dan Romanello, who has served since August 2013 as the Executive Advisor to the CEO, is undertaking Mr. Toms’ duties as an officer on an interim basis.
http://ih.advfn.com/p.php?pid=nmona&article=62871830
well I have a lot of stock in here, sure I hope something happens...but it would only be faith to pull it through, because up to now it hasn't looked good.
Don't know what to tell you except I may be the only one with faith still!! Just my gut but feel it will be good.
God bless all!!
as long as it has toms name anywhere near this its just a bag of nothing going nowhere...seriously how long have we been hanging in here and even worse how long has it been since we had any PR to involve the shareholders intrest? No one these days even gets angry as before if someone talks down on this...whatever it is that toms created...POS? for better words than spelling it out..gots my vote and as long as tom is lingering around somewhere..just his name and its a winner on a POS board!
Yeah, I'm sure that's it, because there's no chance that Nic Toms is just a bald face liar who has overseen the destruction of CYSG and DPSI.
Probably have not signed on the dotted line yet & do not want anyone else coming in & stealing this aquisition from them, hence the quiet until deal is done. Makes sense to me. GLA.
tlo.
Agreed!!!! What I was told, the Co. They are wanting to or are merging/acquiring had not the best 1st Q and they want to make sure it wasn't a fluke, so now waiting on 2Q. I agree we are not a public Co at the time so why not give us more info.
Q2 of What ?
Are we doing business ?
What are we doing ??
There Has Been
NO PUBLIC UPDATE !!!!
Why hide from All the investors ?
They should Man Up and release some public news
Yeah, any day now.
Surprise!!! Now waiting until end of June first of Aug so they can see how the 2Q went. I know this will be a shocker for all!!! But at least it is only 30-45 says out :)
What is: a 1969 hit song by the American pop-rock duo of Zager and Evans.
June / What Year Was That. ?
Yeah, any day now.
Sure they are. Only 30-45 more days, would Toms lie to you?
The Cape Systems website now redirects to Esko.
"This is BS......."
You just figured that out??
First thing they need to do is fill out the Friggin paperwork.......
And
FILE...not that hard to do.........
This is BS...................
I'm not lending any credibility to what I was told.
V63 asked if anyone spoke to management, so I replied with what I heard.
The last statement by management was they expected to complete the acquisition March/April. There was a delay due to evaluation and now they're saying June (of this year)is when they hope to finalize the acquisition.
Cannot make something out of NOTHING, 0=0, 65 million share man, remember me?
cysg563 Can you be more Specific ???
We have heard End of Quarter Dates, Tax Dates , Financial Dates Etc. , Etc.. My Question is
June Of What Year ?
Yes. Spoke to Phil. The new CFO is now handling matters. The message he passed on is they are looking at June.
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The future home off CSG Inc.
www.csginc.net
Cape Systems Group is in the process of an Asset Sale. Cape Systems Group Inc. intends to sell it's two subsidiaries, 'Cape Systems and Consulting Services Limited' and 'Cape Systems Limited,' to ESKO. The estimated closing date is September 30th, 2013.
After the Asset Sale, the shell company intends to change it's name to CSG Inc., use proceeds to purchase an operating company, and to relist the common stock.
A detailed proxy statement has been sent to Shareholders.
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