TSIG.com TIGI (formerly TSIG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (29349)	5/28/1999 11:13:00 AM
From: ztect	of 44908

There is no ceiling.... This I thought was clear to anyone who has discussed this debt agreement. This noted in the answers Marty got from his visit from TSIG, and alluded to in the May 7th news release. Message 8995248 6. from Marty: <<Be Right!!!... Sit Tight!!! And that is my opinion based on fact! And for those who cannot understand and choose to sell... well, have a nice weekend. And one other thing... this is NOT a floorless convertible! I am here for the duration... actually in perpetuity.>> Question: If this is not a floorless, where in the PP is there a floor. ANSWER: I stand corrected, however, I was not lied to. It was my lack of understanding and a miscommunication for which I apologize to the thread. Shares were placed in escrow at the request of the PP party's attorney and a calculation based on $0.10/share was utilized. However, and this is a major plus as it is quite unusual… there is NO ceiling on the conversion price. Those who have been around long enough know that there is almost always a “cap” or ceiling on the conversion price regardless of how high the stock price goes. This is not the case with this PP… there is no ceiling whatsoever. Plus also marty made these comments in this post techstocks.com Now I have been told that you and marty had a long telephone conversation. You were also wondering about the answers to questions you asked and were directed ultimately through Marty to TSIG. I responded to you..in this post techstocks.com Did you not read or remember the answers to these questions. Did you not have this conversation with Marty? If you had this conversation with Marty as I've been told and were sincere in getting answers to your questions, I again am perplexed as to why you did not know that there was no ceiling. Plus no where in your comments to which I originally responed to this morning was there a refernce to not finding a ceiling. Again your original comment which I found incredulous was the written on record statement "...I have not read the actual dept agreement..." Message 9817515 Please demonstrate to me where in the above post you make any such qualifications that you now claim to have made..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next