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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: gary g who wrote (4860)12/16/1998 3:39:00 PM
From: jmt  Read Replies (1) of 6931
 
there are stell 675,000 warrants outstanding at .15 and .20

You are wrong. Read the note. First, the .15 warrants have expired in Jan. 1998. So what is left, as I stated, are 675K two for one warrants which allow the purchase of 338K shares at .20 cents.

I am not concerned about 1993. I am looking from the perspective of fully dilluted shares. And of what is currently exercisable, most are at $ 0.30 as I stated. The only caveat is the 407K units which were undisclosed.

jmt
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