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

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To: Suzanne Newsome who wrote (29359)	5/28/1999 1:03:00 PM
From: ztect	Read Replies (1) of 44908

Suzanne... That's the version I was going to write as well... Not sure if I misheard or didn't remember correctly some of the exact figures and dates. I'm just going to take the time this weekend to read through old Phoenix filings to try to corroborate some of the dates and events. Let me just add to one or two of the points you conveyed. According to Henry, Soros first invested $10 mil in 95 while Gordon was CEO, then subsequently invested $15 mill into Phoenix just prior to or concurrent with Gordon stepping down as CEO. Again according to Henry, when Gordon stepped down as CEO in January of 1997 he retained his COB status. He was one of seven board members. Along with the new CEO, and Soros's additional $15 mil came completely new management no longer under Gordon's direction. Thus Gordon's remaining role was largely a titular one. When Gordon gave over control in early 1997, the stock was still at a price above $2.00 (this can be checked). According to henry, Gordon's perceived cheerleading was his basic optimistic attitude. Not saying the above recount is fact or fiction, just providing yet another perspective....Everyone remember to rent Rashoman If I misunderstood or if you heard something different, please correct or add to my post. Again this was a version of what occurred provided by Henry. I am going to try to corrobarate or contradict this version with what I can find that is available in SEC documents. Sincerely, ztect btw.. I am going to look closer at this whole 70 mil share thing, because of the person who provided these questions. Some incredulous comments made by this source make me have to look very very close at the validity or speciousness of his analysis.

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