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

To: ED S. who wrote (31587)	6/22/1999 5:37:00 PM
From: Tom	Read Replies (2) \| Respond to of 44908

Taken from Raging Bull: By: jbarrow Reply To: NoneTuesday, 22 Jun 1999 at 5:17 PM EDT Post # of 1198 ED S. You posted that a way to stop the dilution would be to not vote for the share increase being requested by the co. This would stop the PP people from controlling the co. How does this work with the following excerpt taken from the Notice Of Shareholders meeting I just received. " The company has already issued, or placed in escrow, virtually all of its 100,000,000 shares of authorized common stock. Therefore, the company has no common stock available to offer in exchange for additional financing. Without additional financing, the Board of Directors believe that the co. will fail. In sum, we urge you to vote in favor of this proposal because we believe it is necessary for the survival of the co". Looks like there is no choice to me. With say 250000000 shares out , what kind of share price do you think they can attain if revenue does occur?