TSIS: WHAT IS GOING ON? Message Board

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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: Michael T Currie who wrote (368)	11/10/1997 3:31:00 AM
From: Franklin M. Humphreys	Read Replies (1) of 6931

You wrote>>>>Some of us have been following TSIS for quite a long time and have managed to scrape together a fair amount of information. Total outstanding is approximately 18MM, with a 13-14MM float. These are only approximate because the company has been financing themselves with direct share sales to the public - nothing secret or underhanded I don't think, but I would suspect that this is one of the things that is holding the stock price down. These are scheduled to stop this month as revenues start coming in from AT&T et al.<<<< These are the figures sent to me last week by Barbara Kushel in the Investors Relations Department. I received them as part of a complete investors package. Shares out >>>>9.2 million Approx. float>>5.4 million Insiders pos.>>2.5 million Institutions>>>1.3 million Market Capitalization>>>>$2.0 million With a closing bid Friday of $0.72 it is easy to see that something is out of whack here. Frank

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