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

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To: John S. Baker who wrote (5657)3/27/1999 12:38:00 PM
From: Jim Johnson  Read Replies (2) of 6931
 
John,

I'm sure not an attorney either, but I think the shareholder directive can be overridden by the Board of Directors. There are a few other possibles out there we know little about...like possible Options, Convertibles, Preferreds, etc. Who knows what may exist that we know nothing of.

Jim J
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