SI
SI
discoversearch

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) -- Ignore unavailable to you. Want to Upgrade?


To: foghorn who wrote (31183)6/14/1999 7:30:00 AM
From: Fred Thornell  Read Replies (2) | Respond to of 44908
 
>>>>>>>>>>>>>>>>>GOOD MORNING TSIGers<<<<<<<<<<<<<<<<<

Good to hear from you Marty

"VIPER"



To: foghorn who wrote (31183)6/14/1999 10:11:00 AM
From: Zeev Hed  Respond to of 44908
 
Foghorn, to understand what form is "Gordon Investment", you must go back to the sec documents, you will see he got shares at the beginning foe selling his share in another company to TSIG, then he converted loans to stock (mostly around $.15 to $.2) which he sold into the open market at probably twice that much (you'll have to comb the appropriate S-8 for prices since Forms 4 were never filed), then he granted himself a bunch of option which he converted and once more sold. In one of my prior posts few weeks back I have detailed all the stock that was washed through his hands. At this point, whatever he loaned to the company and converted to stock, was repaid by the public shareholders buying from Gordon at prices well above what Gordon paid for the shares.

The 14 MM shares he apparently has now (as of the latest SEC documents, consists of 5 MM shares he granted himself "gratis", 6.67 MM shares for conversion of debt and 2.3 MM shares left over from well over 50 MM shares he owned at one time or another in the past. These are facts, not bashing or derogatory statements. What he has done in the past, one should assume could be a template for the future.

Zeev