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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Zbyte who wrote (34151)8/28/1999 11:06:00 AM
From: Zeev Hed  Read Replies (2) of 44908
 
Zbyte, I do not think so. They have to hold the stock (not the debenture) for five years. It seems that those that convert, turn around and sell, while those that do not convert, simply find ways to short against the block. In any event, if they indeed converted and held onto the stock, we should have had some 13g filed (anyone holding more than 4.9% of the company stock), since none were filed, you must come to the conclusion that at best they flip, and thus do not hold for five years.

Zeev
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