TSIS: WHAT IS GOING ON? Message Board

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

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To: froland who wrote (570)	1/6/1998 3:10:00 AM
From: Michael T Currie	Read Replies (1) of 6931

> Q - How many shares does TSIS have? > A - About 18 million total. 6 million owned by insiders, 3 million by two institutions and a float of about 9 million. I am slightly bothered by the fact that the proportions of stated ownership appear to keep changing. Last time I spoke to IR, they said that insiders owned 3 (I think) million shares. Obviously, share ownership is a fluid situation and, putting this is the best possible light, you might deduce that insiders have added to their positions during the price drop. > Q - When will you begin reporting to NASDAQ? > A - 1st report will be after Jan 31. Expect to fully comply with NASDAQ reporting requirements by end of 98. Expect Jan 31 report indicate a profit. Did he say what period that first report will cover? I assume that it must be 1 Oct-31 Dec if they expect to show a profit (hooray!). > Q - Do you do shareholder conference calls? > A - No but will once brokerage coverage begins. Is this referring to TSIS or client shareholders? Thanks for the great information. Mike

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