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

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To: Martin E. Frankel who wrote (11393)	12/10/1998 11:18:00 AM
From: AJ Berger	Read Replies (2) of 44908

Anyone Concerned about Delisting? I'm under the impression that after Feb'99, small Cap stocks will need never trade under $1 for over 30 days, and must have a net asset value of 2 million in order to avoid being delisted. How will this effect TSIG? Will we need to do a 3:1 reverse split? Even if we get the $1 share price somehow, then how will TSIG's $30 million debt burden allow it to have any net asset value? I don't understand how this actually works, and was hoping you could enlighten us here, Thanks.

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