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

To: Bald Eagle who wrote (33032)	7/29/1999 5:11:00 PM
From: REW	Read Replies (2) \| Respond to of 44908

I have a tendency to believe the conversions are over and the shares likely have been or very nearly delivered. Gordon mentioned to someone I know that the conversions are done so I'm watching the os to see if delivery is complete. The share increase of approx 23m with the statement at the meeting there was less than $1m left to convert indicates a conversion at approx .045 which would work from a stock price of approx .065. If Gordon got his 7m back in the 23m then 16m converted would give a conversion at approx .06. This indicates the os could have the impact of Gordon's shares to go and then the new PP. If the new PP has a .10 floor and is for $2m then the dilution would be 20m shares. This would stop the os at approx 150m. If the new PP has any form of selling restrictions or higher floor then much the better. If the shark was to get about 30% of the conversion, he would have approx 7m new shares. If he still wants to divest, these could be easily absorbed as we move through Aug and have good share activity in preparation for the coming revenue increase as implementation of the Lifetime school deal and other revenue sources approach. This is what I think I have determined. If someone thinks they know differently then present your proposal. Another week or two should give or indicate the final answers.