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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: Robert B. who wrote (14447)1/10/1999 12:13:00 PM
From: dcy  Read Replies (1) of 44908
 
I am new to SI. I have been a TSIG shareholder for 2 months. I am extremely pleased with the performance of my investment thus far and I believe I made the correct decision(after DD) in investing in TSIG. I like what I see TSIG management doing (NMF,BR, Cohesive etc.), as most here I also believe the CARD is the key to our success(what a marvelous marketing and sales tool). I have enjoyed many of the comments and analysis brought to this thread by an obviously well educated and involved shareholder group.
I would like to discuss the significance of the new OTC BB Eligibility Requirement. Fifty percent of current OTC BB traded companies do not currently report to the SEC. The new filing requirements will be implemented starting this July and phased in over a 12 month period. I believe this new ruling significantly elevates the standing of current fully reporting BB companies such as TSIG. The ruling will reduce the amount of BB companies available to invest in by a large factor as many of the companies will simply not comply. When the ruling was imposed on all foreign companies trading on the OTCBB last year the pool of companies dropped from over 100 to under 10. There are 6500 companies currently traded on the OTCBB. How many will there be in one year. In my opinion, those investors currently invested in non reporting companies may not want to wait to see if their companies decide to comply with the new rule. The prospect of trading on the pink sheets looming. These people will be opting for legitimate companies with great prospects. This rule will weed out the questionable companies and bring a greater respectability to the OTCBB. IMHO. Go TSIG!!!

Dave
Very Long TSIG
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