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

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To: sammaster who wrote (2353)7/17/1998 2:30:00 PM
From: Jester  Read Replies (2) of 44908
 
This is for new investors only.

I'm done and here is what I found out in a nutshell:

TSIG:

Float: 30 million
Common Stock: 59 million
Preferred: 10 million
Market Cap (at $.35/Shr) $24 million

Revenues 97: $2.3 million
Income 97: -$18 million (loss)

Income 98 (1st qtr)
from services co. -2.5 million

Projected 98 loss
from services co. ????????

Projected 98 revenues from CC
(if website is successful): $3 million

Projected 98 profits from CC: $1 million
(if successful)

Since only 5 months of the year are left this is highly unlikely that they will be able to generate this kind of revenue this year but I will use these liberal numbers.

Debt:
Carry over from '97: $26 million
Loss in 1st qtr: $2.5 million
Debt from loan
secured with 6.5M
shares of stock: $5 million

Total debt (min) $33.5 million

Cash: <$200,000

Those are the numbers as accurately as I can determine. I won't make any comments on them. Legally, debtors should have first crack at any profits. I won't day trade this stock. This is my last post on this thread. Good luck to you all.

djb
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