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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: JWC who wrote (43632)12/12/2000 10:28:51 AM
From: REW  Read Replies (3) of 44908
 
Approaching 300. By my guesswork calculations - there are about 225 under Affinity control, 30 with GS, and 15 still with TSIG. The numbers will move with necessity but hiring has been indicated especially with the growth of new business execution efforts. A few in upper categories.
Roix is a striver for productivity. He doesn't let dead weight hang around. He will change things quickly to try for maximization. At least that is what I've been told.

With the elimination of cash draining Reliant, imo, the cash flow situation has lost a burden. There just may be a flow surplus as high as $100k/wk which would allow the home office to some freedom. If Affinity is producing growth as indicated and projected, funding pressure has been greatly reduced.

In asking about immediate funding searches, I've been told they are looking at the potentiality of minor funding transactions after the stock recovers to a point to greatly reduce resultant dilution or possibly none at all if things go right. If this is true, then the home office must feel things are looking pretty bright.

My feeling is they should take a small amount of funding (maybe $10m) to aid in the ramp-up of the company and/or a future acquisition has a defined need. We'll see what they decide but they seem to be adamant about not diluting at this level.
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