TSIG.com TIGI (formerly TSIG) Message Board

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

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To: tfk who wrote (25925)	4/19/1999 10:06:00 PM
From: Suzanne Newsome	Read Replies (2) of 44908

tfk, you said <<IMO, RG having a 35% interest in TSIG is not a bad thing; after all, he's the founder and probably invested a lot of his money up front to start the company. I know other companies in which the founders invested 50% or more and have corresponding controlling interest. Like Marty, I see it in a positive light, being that he has more of an incentive to see his company succeed. So this is a non-issue to me.>> The accumulated deficit is $38 million. This represents stockholders' money that has been spent. . . consumed, for which there is no offsetting asset. Thirty-eight million dollars of stockholders' money has been vaporized. What does Robert Gordon owe these stockholders? Regards, Suzanne

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