TPII - Year 2000 (Y2K); Groupware; Client Server Migration 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 : TPII - Year 2000 (Y2K); Groupware; Client Server Migration

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: MB who wrote (10705)	6/5/1999 2:00:00 PM
From: Jeffrey S. Mitchell	Read Replies (2) of 10903

First off, how many shares do you think need to be dumped for the price to be .01? Let's say it is 5 million. Let's next split the difference and assume those shares are dumped at an average price of .05, which would mean a profit of $250,000. The net result would now be 17.6 million + 5 million = 22.6 million shares that exist (exclusive of the shares still held by the "dumper"). 22.6 million shares at .01 has a value of $226,000, which means the dumper can, in theory, use his profit to purchase every last TPII share and thus own the entire company. So, effectively, TPII is now a shell company owned by Kernaghan. My guess it is in his best interests to reverse merge into a more viable entity. That way, his shares will have way more value than .01 each. - Jeff

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next