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

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To: gary g who wrote (2803)6/23/1998 9:33:00 AM
From: John S. Baker  Read Replies (3) of 6931
 
Gary, I am not going to engage in a p-ing contest with you. But as a service to anybody who happens to read your comments, I will point out again:


As a matter of practice, TSIS elects to share their financials with their shareholders and other interested persons by FAX and to refrain from releasing on the prepaid "wires". The FAX included an update on recent developments and the financials were signed by the Directors.


This is not a departure from previous practice. This is not putting out earnings "through an individual on the SI thread." There is not "something wrong" about such a decision.


Their reasoning? I don't know, but they are certainly within their rights, as a not-yet-reporting company.


I am confident that this was not "a forgery."


If the numbers don't add up, post your *specific* questions here, or better yet, call the company and ask.


The FAX was 8 pages long. No way am I going to key in 8 pages of data just to post it here. Others had already posted specific key data.


In short, we got our "north of zero" quarter and I, for one, am happy to let the company's management press on and do what they do best -- finding and keeping paying, household-name clients for their services.


JSb.
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