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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: BigAppleBoy who wrote (10324)11/21/1998 5:40:00 PM
From: Dixie7777  Read Replies (1) of 44908
 
Just to keep the record straight. Try not to make statements that have no merit.

K-Tel International, Inc. EQUITY, OFFICERS & ADDRESS

Common Stock $.01 Par, 6/98, 15M auth., 8,316,668 issd.
Insiders own approx. 77% (of which Philip Kives owns 72%).
Stock Issued 10/85 per court approved Plan of Arrangement
under Chapter XI bankruptcy proceedings. Basis: 5 shares
Common (new) for every 100 shares (old). (As of 6/98) ST
debt: $1M @ Prime; LT debt: $7.9M @ variable rate.
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