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

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To: Ellen who wrote (27982)	5/13/1999 12:09:00 AM
From: Andrew H	Read Replies (3) of 44908

>>Now even if the PP holders wanted to convert their shares now they couldn't because it would take at least 3 months or more to register them. TSIG hopes to have other financing in place at that point so they can pay off the PP and use the rest for company growth. Then the additional shares can be used for acquisitions (the other reason for the increase). << Looks like they are hell bent on using those additional 49M shares one way or the other. Personally I would like to see them not make ANY acquisitons until they are profitable and the share price is much, much higher. But then they certainly would not need 49M.

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