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: sandbag who wrote (31599)	6/22/1999 3:43:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 44908

sandbag, a right offering is preferred, but one must gage carefully what the current holders' response would be. If one is smart, one has in place a mechanism to assign rights to those expressing interest in them. In practical terms, this approach would be better if the stock underwent a 100 for 1 reverse split (so the rights would have independent "trading value"), but such a reverse split has, of course its own disadvantages, and unless a floor is set under the PP, will only serve the PP's interests to continue and bring the stock down the drain. Remember on every $2 MM in "nefarious" PP outstanding they make a cool $1 MM everytime the stock is halved (thus from the recent $.20 to the current about $.05, if they indeed shorted against the block, they made $2 MM additional, without losing a penny from their original investment.) Zeev