TSIS: WHAT IS GOING ON? Message Board

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

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To: Batgirl who wrote (3080)	7/13/1998 4:37:00 PM
From: jmt	Read Replies (2) of 6931

Reverse Split: Concerning a reverse split, at this time IMHO I don't see it. Reasons are: - Company has not expressed urgency to be listed on a major exchange. Therefore no need to meet share price requirement - The only reason to be in a rush to get to a major exchange would be if financing was required. This business will be better defined after we get this quarter financials, but I do not expect a cash drain to have occured, therefore if cash flow is flat or positive, the financing issue is not important. - Finally, if we are patient and the company can execute, the price will move up on its own. I expect some of this sounds good, but boy, I sure hope I am right for once! jmt

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