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

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To: David A. Irvine who wrote (2314)7/17/1998 9:22:00 AM
From: Sandi  Read Replies (2) of 44908
 
I agree with your thinking that we should get to the bottom of what's really happening before the shareholders get the raw end of the stick. The company says one thing. I can't understand why a private investor would take as collateral 6 million shares worth about $1 1/2 - 2 million (something they agree not to sell and give back upon repayment)and give $5 million in a loan. The company's in debt and has problems with the IRS...what kind of investor would consider this as collateral? What's it really worth?????

Sandi
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