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

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To: REW who wrote (10412)	11/22/1998 10:06:00 PM
From: Martin E. Frankel	Read Replies (1) of 44908

Bob, Good point. I would, however, like to clear up two (2) matters regarding these so-called insider sales: (1) the letter "N" indicate a non-affiliated party... ie.: not an officer, etc. of a company. but someone who may have received stock in lieu of pay for some work done for the company... including an electrician or whoever a long time ago. In other words, these people are not affiliated with the Company. (2) It is common practice for people with "letter stock" (ie: unregistered stock) to register that stock through a 144 filing as soon as it can be registered... even though they may have no intentions of selling. The initial paperwork is a pain, but once done the registration is good for 90 days and extensions can be filed every three (3) months. Filing an extension is quick and simple. Best always, Marty

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