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

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To: E. M. Edds who wrote (11709)12/13/1998 9:04:00 PM
From: Andrew H  Read Replies (1) of 44908
 
>>If, as REW indicated, the conversion of the PP is dependent on the share price in the near future, it is only logical to assume the management at TSIG is doing all necessary to minimize dilution by providing PR's regarding locked in earnings and contracts both for the Card and the teleservices side of TSIG. <<

This is an interesting point and important to the future of the company. If the stock price can get to .75-1 and hold there, then dilution will be fairly minimal. Of course higher is better.

While we don't know exactly how long it will be before the financiers can convert, it is certainly in the TSIG's interest to get the stock price up asap and keep it up, thereby minimizing dilution. If the company fails to do this, then we could see shorting by the debenture holders to bring the price even lower and garner more shares.

The company has already experienced this problem and will do everything it can to avoid it.
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