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

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To: John S. Baker who wrote (6112)5/27/1999 5:55:00 PM
From: gary g  Read Replies (2) of 6931
 
But in making my personal investment decisions regarding TSIS, I am taking at face
value Don's multiple and categorical public statements that he does not plan on one or
anticipate one.
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John, in the pass I have tried to make the point that the company should retire the 20 million shares authorized but not yet issued. I said that, that alone may prevent the need for a reverse split, I do not have a great deal of confidence that ,that alone will prevent a reverse split but it is sure a large step In the right direction.a reverse on 30 million shares vs a reverse on 50 million shares is a large difference in the value of the post split shares. I also believe that it would go a long way in building more sophisticated investors confident.there in my opinion is no way this company can grow its earnings to accomplish its goal of being listed on NASDAQ or even prevent it from being delisted, and consequently being pink sheeted,with 50 million shares authorized,.
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