TSIG.com TIGI (formerly TSIG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cicak who wrote (31383)	6/17/1999 8:16:00 AM
From: Suzanne Newsome	Read Replies (1) of 44908

Phillip, thank you for your kind words. It is my understanding that TSIG has used approximately $3.0 million of the PP. They are looking elsewhere for the funds that will carry them to positive cash flow. Let's look at the good and the bad. Some PP holders have converted. Some are unwilling to convert with the stock at this price. Let's assume the worst scenario--all $3,000,000 is converted at $.07. That is 43 million shares. Add 43 million to 80 million and that's 123 million shares outstanding. Great news? No, but not the end of the world either. But TSIG still needs funds to make it to positive cash flow. The figure $2 million has been thrown around a lot. That sum will be financed with shares resulting in more dilution. How much? Yet to be seen. If anybody here called TSIG and left a message saying they could provide a few hundred thousand, I bet they would get a return call. Regards, Suzanne

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next