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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (67740)10/19/2000 8:47:29 PM
From: LANCE B  Read Replies (1) of 150070
 
ssp-the s-8 filed is the shares
that will be issued to the new management team..
they had 2 options on this deal,buy out all the
shares the old management had or issue shares to themselves
for taking over this company..
think they probably found out that the old management had diluted there shares and had no choice..
probably why the stock has tanked so bad under old management...

every ceo and management has shares in there company so even though many dont have to go this route,it did have its reason...

not that it makes a difference,but just figured i would add my thoughts on why you see the s-8 filed..
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