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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?
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To: Skip_S who wrote (6312)6/29/1999 10:34:00 AM
From: jmt  Read Replies (1) of 6931
 
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The brokerage firm then does a secondary offering of 1 million shares for TSIS. Now this major brokerage can recommend TSIS (gives TSIS a buy or accumulate rating)

So TSIS repurchases shares at 40 cents to do a secondary offering with a 25% fee issuing new shares at 30 cents to get a recommendation that they do not need to do a secondary offering to accomplish.

Did you go to the Scott school of share capital management?

jmt
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