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

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To: Andrew H who wrote (22531)3/30/1999 11:24:00 AM
From: cicak  Read Replies (1) of 44908
 
Hi Andy -

<<but anyone who is not willing to see this below .50 for the next 2 or 3 months might as well sell now.>>

While this may actually present a very good buying opportunity - it is the unknown terms of the Private Placement (PP) that have me concerned about the low TSIG.com share price. I think many of us anticipated a higher share price for TSIG.com so the share dilution would be minimized. The key questions in my mind are - at what particular point in time do the PP folks receive their TSIG.com shares and under what terms ? Contractually - when are they authorized to sell those shares ? Also - has TSIG.com only used the first 2.5 million installment of the PP thus far ?

It would be nice to hear some facts about the PP. The last good update came from Marty but we still don't know what the specific terms of the PP are.

www3.techstocks.com

Regards,

phil.com
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