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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Zeev Hed who wrote (33516)8/15/1999 12:32:00 AM
From: Phxphenom  Read Replies (2) of 44908
 
<<I for one would like also to know what are the "Other receivable" of close to $500,000, they surely did not sell product for that amount, could they have been printing additional shares and that is the money "to be received" for
these shares?>>

I do not believe that this would constitute a Receivables using Generally Accepted Accounting Principles (GAAP). Perhaps the $500K is A/R for Distributorships...who knows?

MArc
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