As you all know, RB has become almost impossible to read recently. After wading through some posts today, I found one which may be of interest. My apologies to those who have already read it.
By: kzinlm
Reply To: None Tuesday, 24 Aug 1999 at 1:35 PM EDT
Post # of 16838
More from PH, in regards to my questions.
Dear Larry,
Thanks for your query. I have had a lot lately, so I apologize for the
several days delay in answering. The answer is that Rob Gordon has not been
granted any shares or options this year, nor has he sold any. Rather, as
you know, the stock has been harmed by the relentless conversions and stock
sales by certain of our convertible preferred shareholders.
If you have further questions, please call or write again.
Paul Henry
----------------------------------------------------------
TSIG.com eMail: PHenry@tsig.com
100 Second Avenue South Tel: 727.897.4036
St. Petersburg, FL 33701 Fax: 727.897.4029
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-----Original Message-----
From: Larry XXXXXX
Sent: Friday, August 13, 1999 12:18 PM
To: info@tsig.com
Subject: (no subject)
This is a post on todays Raging Bull ( ragingbull.com ) TSIG thread.
This "poster" has posted many posts similar to this one. As a
shareholder of TSIG, I'm interested in a response from you ( the
company) on these acusations. They are strong and they worry many of the
share holders.
Thank you in advance,
By: Alyce
Reply To: 15402 by crashman
Friday, 13 Aug 1999 at 10:19
AM EDT
Post # of 15411
The company
NEVER sells shares on the open market.
The CEO usually just grants millions of shares to himslf for losing
10's of millions of
stockholders equity
AND THEN he sells them to the open market and personally captures 100%
of the
revenues.
But not to worry, then he lends the money back to the company for more
shares
sometimes only at a 66% discount. (That means he takes these shares
we're now
trading and buys them for $0.0191 cents against his loan, and then
resells them back
into the float for the $0.058 you now see.)
He's a great guy that Share Pig. Yes he is, he's really put it all on
the line for us. He really
takes care of the little 'ol stockholder.
Al
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