TSIG.com TIGI (formerly TSIG) Message Board

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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Bald Eagle who wrote (43929)	12/20/2000 5:08:11 PM
From: V$gas.Com	Read Replies (4) of 44908

With the debt due in 10 days, and it appears to be another floorless convertible debenture, could this be a death spiral we are witnessing again? If I remember correctly, is this not "shorting against the box", wherein the debenture holder is shorting the stock so he can convert at 85% of the stock price on the day it's due. Driving the price down means he can get more shares. He is protected in that he still gets shares to sell for free to cover his short position. This thing could conceivably hit .10 or less within the next 10 days. I sure don't see it ever hitting a $1.00 again unless there is another reverse split. With the O/S growing every day, and then really growing in 10 days, they're going to have to do a reverse split and start this game all over again. Look out Suzanne, it appears you're going to have 7,500 shares real soon without selling one single share. As they say, "People who do not learn from the past are destined to repeat it."

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