TSIS: WHAT IS GOING ON? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tobasco who wrote (5674)	3/28/1999 7:53:00 AM
From: Skip_S	Read Replies (1) of 6931

Yes there are 30 million shares outstanding. Where they all are, I'm not sure. I do know Don owns 900,000 shares then add his options. Then the other management people gives you maybe 3 million shares. Barbara said that during the annual meeting, management had roughly 3 million voting shares which was the majority of voting shares there. If you add up probably 6 to 8 people I know, it is definately over 3 million shares. My concern is who holds the remainder. There are lots of small holders but. Are there one or two unknown parties holding a major stake. With management owning less than 10 percent, a takeover would be very easy. I don't like that scenerio. Full value for TSIS won't happen from a buyout. It will happen from growing TSIS revenues and earnings at 200% per year for the next few years. Skip

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next