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

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To: Tobasco who wrote (5977)5/20/1999 7:18:00 PM
From: John S. Baker  Read Replies (3) of 6931
 
(cont'd)

Greg Cruppee (spelling?) observed that the trading losses appeared to be a misuse of leverage and asked where the leverage came from. Don agreed and said that the brokerage firm extended the credit.

In closing Don said he wanted to make these conference calls a more formal process and to do it quarterly, probably right after the earnings release.

He also noted that many of the questions for this call reflected the concerns of the investors, and that resulted in a negative tone. In the future he wants to be able to share the hopes and aspirations and the things TSIS actually is fulfilling, so that shareholders will know what's going on, which is particularly important in view of being muzzled by the clients.

JSb.
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