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

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To: Suzanne Newsome who wrote (32226)	7/7/1999 12:18:00 AM
From: Tom	Read Replies (1) of 44908

Suzanne: The basis for the 1.5 figure was a post from REW, in which he stated that Paul Henry (Yale '69), had given him said info. I am not real comfortable with the reliability of the info...but it is the best we can do at this point. Gordon stated that some pp holders had converted already in the conf call, as well as one of Bernie's statements which stated that at least some conversion was occurring. It seems that we cannot deduce anything from the above info, without knowing whether or not Le Shufy has converted yet. Since he is on the board, we can assume that he has a future investment at stake, or he would not be there. If he hasn't converted at all, and REWs info is correct, it would seem that he is the primary (if not only) holder left. Let's be conservative and guess that he has converted 50%. That would mean that he still holds 50% of the remaining amount, which would conceivably leave 750 grand open for shorting. Again, this is just wild speculation run amuck on my part...

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