Silicon Investor (SI) -- The First Internet Community

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

To: ED S. who wrote (31518)	6/20/1999 1:17:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 44908

For TSIG to sell shares directly to the public they must do a public offering ( a secondary in their case), this route is available only to companies that are relatively good financial condition and a track record. TSIG had to chose the approach of a private placement followed by conversion and registration of the converted shares for exactly that reason. Note, I clearly showed to you the mechanism without the price having to increase in the whole process. The bandits can continuously shorting, and from reading this thread there are are quite a number of people "averaging down", establishing major new positions because of the "value" of the company and what not. The bandit are finding buyers, but agreed, these are fewer and fewer, thus the decline may pick up pace and before you know it, the stock will be at 1/32 and then 1/64, and everytime it is halved, the bandits (on that $2 MM) can make an additional million bucks. Eventually, the stock will have a reverse split and then new shares are going to be printed away. You have the prospect of ending up in a year or two with only 1% of the value of the shares you are buying today at $.06. Not a rosy prospect, IMHO. Zeev