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

To: ED S. who wrote (32508)	7/11/1999 6:14:00 PM
From: Fred Thornell	Respond to of 44908

WHILE "SHORTING" MAY BE LEGAL, if it is done by one person or group to LOWER the stock price, it is Manipulation and subject to an S.E.C. Investigation if complaints are made! If the people, who have "bashed" TSIG have profited from this they have sure left enough information in "black and white" writing on this thread! Best, Ed ***************************************************************** >>>>>>>>>> There were people scared out, they just forgot why they bought the stock in the first place. This stock is still at "BLUE LIGHT SPECIAL" [IMHO] so everyone that was scared out have time to get back in. I'M going to take my son [15yr] old and two of his buddies to Nassau before school starts. I worked in Nassau in the 70's but haven't been there in many years, does anyone know of a good place to stay ??? "VIPER" SUPER BOWL-LIONS vs JETS

To: ED S. who wrote (32508)	7/11/1999 6:34:00 PM
From: Martin E. Frankel	Read Replies (4) \| Respond to of 44908

Hi Ed, I believe Ellen is right... to a point. The terms of the PP do allow shorting, however, many contracts have been written which violate the law. It is my understanding (and only my non-professional understanding) that according to SEC regulations, insiders (and the PP holders are certainly insiders privy to inside information) cannot short a stock without have the actual shares to sell... i.e.: no naked shorting allowed. Hence, and if the rumors are correct as to when most of them converted (.30 plus or minus), then they could have shorted. However, if their conversion resulted in them owning 5% (I believe) or more of the the outstanding shares, it is my understanding they would have to have filed all their actions with the SEC... and I don't see that that was done anywhere. Actually, I think it was Ellen that posted the SEC regs as they pertain to insider transactions, but all we are doing is speculating. I don't believe any of us on the outside know the actual facts as to who did what and when. What I do see is the company starting to dig in to try and make these existing deals work (known as execution) and to make TSIG profitable. Best always, Marty