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

To: Tom who wrote (32228)	7/7/1999 7:59:00 AM
From: REW	Read Replies (2) \| Respond to of 44908

Suzanne, Tom: The 1.5m left to convert was a side comment I picked up from Henry I think last week. I consider further confirmation necessary. I would also like to know if the 1.5 includes, which I doubt, the extra approx 1m they have found and used. Does it, which I assume yes, have the same terms of the origional PP. Since most of that came from LeShufy and since it is not part of the origional PP, does it count in his total ownership? Maybe it is registered as owned a different way--hypothetical--which might allow him to use those shares separately from the first PP shares. The other side is, was the money brought by LeShufy his or from another source? I intend to ask sometime and will report if you like. I would also have doubts conversion of any additional funding has happened, if done that way which I assume yes, since it occurred after the Board appointment. I still hold they require a minimum 2m additional to make it to Nov. Do the simple side of the math. 1m now with another 1m in Sept since the forward look would be better for additional financing due to the proximity of the expected revenue stream and projectable information should be available due the the interest responses. 4 months burn rate @ 400,000/mo plus some back bills and some rampup. To get straight and at least look right they probably yet need another 2m. Any revenues can reduce this and I would take it from this second requirement and hold the first 2m need out front. I would also ask if the raises announced the first of the year have been rescended. If not and they have not been taken, the company owes the difference between contracted and received. Take it for what it is worth. We are all guessing and everything is approximate. Bob