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

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To: Zeev Hed who wrote (23718)4/4/1999 3:11:00 AM
From: Ellen  Read Replies (2) of 44908
 
I asked you to show where you saw, as you had stated, that insiders had sold 2.2 million shares in 1998.

Your response:
>> Ellen, I summed up the insiders sales from Yahoo.

biz.yahoo.com; <<

So now I have to ask why did you just "sum up" what is listed there? Each and every item listed there states "Planned Sale." NOT "Sold." How many were ACTUALLY sold? Also, did you realize that some of those are the SAME shares - that the 144 was just renewed? So 2.2 million isn't even accurate to start with.

>> A company that has its main division file bankruptcy <<

Please. VSI is not the "main division." Do you know what the divisions of TSIG are?

>> That this bankruptcy still exposes TSIG to potential liabilities is just another sign of inept management. That it attempted an acquisition of another inept company (CCI) just to cancel it few month later, tells me that the management is playing around and getting paid for it. <<

I'm beginning to think you aren't objective at all and WANT to paint as negative a picture as possible by selectively using only partial data that SEEMS to validate what you say.

The liability regarding the VSI asset assigned to TSIG is really not a large amount is it? Do you know if they have already allotted contingent funds for this?

As far as what you characterize as an "attempted" acquisition, TSIG terminated pursuit when audited financials from Piercy weren't provided. Why do you WISH to characterize this as less than savvy on TSIG's part? Have you read the 8K re: the termination?

Sad to say, but you disappoint. I was genuinely expecting objective input from you. But it isn't objective at all. Or necessarily accurate either. I do NOT say this because you don't view TSIG and its potential as "glowingly positive" or such, but rather because of your selectiveness in what (partial) data you use. Not to mention the inaccuracies.
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