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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Suzanne Newsome who wrote (31566)	6/22/1999 1:29:00 AM
From: ED S.	Read Replies (3) \| Respond to of 44908

Corporate Dilution Defense #1, Here is how it is done!!!!!!!!!!!!!!! Since nobody else will tell Investors on the thread what the MANY Corporate Defenses are to a Hostile Dilution, here is the SIMPLEST way! Corporate and Individual Shareholders MUST Vote Down an Increase in Outstanding Shares! What happens next if there are NO authorized shares to provide a PP Holder who wishes to Convert? Simple, the dilution ENDS! The PP Holder have two options; 1. To sue and enter protracted litigation (lasting 1 to 3 years) and EXPOSE their trading to the COURT which will FROWN on them if they are taking down the stock. or 2. Enter into a revised agreement which could include Convertibles! Downside; They will not lend you any more money! A majority of Shareholders are required to authorize an increase in shares, if TSIG needs more money from the PP holders and wishes to increase shares they may do so but according to Bernie TSIG does NOT need more money from the PP Holders so CALL TSIG and tell them you are against increasing the float and tell the WHY!!!!!!!!!!!!!!!!! The float dilution can only occur to a higher level if shareholders authorize it! TSIG, their Lawyers, and YOU (TSIG Shareholders) can STOP it at any time you want. Only the need for more money will cause further dilution but the Shareholders MUST approve!!!!!!!!!!!!!!!! TSIG EXPECTED THE SEC TO TAKE 3 TO 4 MONTHS TO APPROVE THE PP. BY THAT TIME REVENUES WERE EXPECTED TO END THE NEED FOR FINANCING. THIS WAY GIVES THEM THE TIME THEY NEED!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! It also ends the "Short Games", Think about it, of course it works, and it also ends the "Scare Tactics". Food for thought, it can be done and it's the simplest way! BEST, Ed P.S. Remember the spirit of a PP agreement is to the up-side and that is the way a Court will see it!