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

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To: REW who wrote (32432)7/11/1999 2:57:00 AM
From: cicak  Read Replies (2) of 44908
 
Bob, please clarify the following.

<<The bad guy in the PP that has been doing most of the damage has about $275-300,000 left to divest. He was the largest investor.>>

According to my understanding, Basic Investments is the largest PP investor and the former president of Basic Investments is Mr. LeShufy who now sits on the Board of Directors of TSIG. Mr. LeShufy recently loaned an additional $ 800,000 to TSIG using the existing PP terms and conditions according to a recent post...

www3.techstocks.com

Question:

(1) Is Mr. LeShufy or Basic Investments the "bad guy" you are referring to ? If not - who is it ?

(2) If so, is the $ 800,000 included in the figures you mentioned ?

(3) Was it clarified at the meeting whether someone on the Board of Directors of TSIG was allowed to short the stock ?

Regards,

Phil

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