STRATEGIC SOLUT (Nasdaq:SSGI) Message Board

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Microcap & Penny Stocks : STRATEGIC SOLUT (Nasdaq:SSGI)

SSGI 0.0250

-37.5%

Nov 1 5:00 PM EST

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To: BlueCheap who wrote (265)	10/29/1998 3:51:00 AM
From: Provocateur	Read Replies (1) of 388

Malcolm, Still watching this one. Been keeping an eye on it for weeks now. TAMSCO is still very much interested in the deal. It surprised me considering that there must be a lot of other shells out there with better prospects. But they are still committed. Seems as if Cadigan is working hard on getting the deal done. It has been an issue of trying to get the $8.5 million without sabotaging the intent of the deal. Seems as if lenders want convertibles. Cadigan would like to make that part of the financing as small as possible. Reg D guy has been having a field day and that is why we are trading so low. He's dumped 1 million shares into the float already. At the current price, he can continue to dump up to another 10 to 12 million shares. The trick will be to get the deal done soon enough to prevent the Reg D guy from doing any further damage. They need the money to pay him off and take care of TAMSCO's merger related expenses. If they get it done, it would be a very attractive speculation at there levels. Will keep you posted as I learn information. Prov

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