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

To: Bald Eagle who wrote (33489)	8/13/1999 1:55:00 PM
From: cicak	Read Replies (1) \| Respond to of 44908

<<I'm looking very short term for a rise in price i.e. several days or a few weeks.>> How much of a rise in price to you anticipate ? A 20 % gain would amount to a little over a 1.16 cents increase in share price utilizing a baseline of 5.8 cents. Not a bad return. Good luck.

To: Bald Eagle who wrote (33489)	8/13/1999 5:28:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 44908

Youser!! "Total revenues from continuing operations for the three months ended June 30, 1999, were $164,910, representing a 282% increase from comparable revenues of $43,226 for the three months ended June 30, 1998." .............. "Limited Working Capital; Financial Instability As of June 30, 1999, the Company had a negative stockholder's equity of $2,743,387, an accumulated deficit of $36,484,100, and a working capital deficit of $3,394,700. The Company has frequently failed to make timely payments to its trade and other creditors. At June 30, 1999, the Company had more than $600,000 in past due trade accounts payable, which has affected the Company's ability to purchase necessary goods and services in a timely manner. The Company is also delinquent in its payments of federal payroll tax liability, totaling $498,000 at June 30, 1999 (down to $433,000 at August 12, 1999). The Internal Revenue Service has filed a lien on the Company's assets for a total of $262,000 for the fourth quarter 1998 liability." ................. "On June 17, 1999, the Company and Robert P. Gordon, individually and as an officer of the Company, were named as defendants, among others, in an amended complaint field by Miles and Rosalie Lerman in United States District Court for the District of New Jersey. The Lerman's claim that their broker-dealers (also named as defendants) made unauthorized transactions in their accounts in "high risk penny stocks," including the common stock of the Company, that resulted in losses in excess of $2,000,000. The complaint seeks recovery of actual and consequential damages, costs and attorneys fees, and other forms of equitable relief from all defendants. The Company believes that the Company and Mr. Gordon should not have been included as defendants in this action and intends to file a motion to dismiss the claims against them."