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

To: Zbyte who wrote (34151)	8/28/1999 11:06:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 44908

Zbyte, I do not think so. They have to hold the stock (not the debenture) for five years. It seems that those that convert, turn around and sell, while those that do not convert, simply find ways to short against the block. In any event, if they indeed converted and held onto the stock, we should have had some 13g filed (anyone holding more than 4.9% of the company stock), since none were filed, you must come to the conclusion that at best they flip, and thus do not hold for five years. Zeev

To: Zbyte who wrote (34151)	8/28/1999 11:10:00 AM
From: Suzanne Newsome	Read Replies (3) \| Respond to of 44908

I'm giving up on doing gross profit projections and outstanding share calculations in order to tackle something far more complicated. This "Bashers' Hall of Fame" is certain to be full of errors; consider it a starting point for further discussion. Here goes... Sam: once fervent long who went over to the dark side; now owns 10,000 shares but bashes the stock with impunity. Baldy: once a long, then he sold, then he bought, now he has sold; has bashed the stock regardless of his position. Alyce: bashes the stock with intensity rarely seen on SI; made 180 degree turn-around and went long for a week or so; resumed relentless bashing when she sold; very recent post indicates she may be ready to buy again. Sword: person very, very close to Alyce. Once one of the most eloquent supporters of TSIG. When he went over to the dark side, his bashing posts were a veritable onrush of negativity and criticism Ditch: the former South Carolina, NASCAR aficionado, who chops wood somewhere in the far north; reads and quotes SEC documents at incredibly early hours of the morning; planted roses and built a trellis for his mother. [Nobody's going to believe this.] Quotes horrible things from the SEC documents relentlessly. Has bought and sold TSIG in the past. Zeev: the basher all TSIG'ers love to hate! Only recently received the credit for being right about the convertible floorless debenture. Has had some quirky ideas about TSIG's business plan as well as some reasonable points. Probably responsible for the shareholders selling out en masse ahead of the PP holders causing the stock price to plunge. Very recently hinted about possibly turning on a dime if untainted financing has been found. Don't send me a lot of messages complaining about your being left out of the Hall of Fame. Some of you were incredible pains in the derriere, but didn't have the staying power demonstrated by the superstars above. Others of you have stuck by like no-see'ums in the Everglades; however, your posts lacked the kick-in-the-gut effects of our highly-esteemed candidates'. Other nominees will be considered. If you would like to sponsor a basher, post a message telling us in your own words why this person has excelled in spreading misery and despair. Good luck. Regards, Suzanne

To: Zbyte who wrote (34151)	8/28/1999 3:30:00 PM
From: cicak	Respond to of 44908

Hi Jeff - I found a couple of interesting articles today about venture capital and various tax incentives that encourage investment in small emerging companies. Here's the first excerpt: Regards, Phil =========================================================== Venture Capitalists in Florida Ripe for Lending Money, Advice Cindy Krischer Goodman 04/25/1999 KRTBN Knight-Ridder Tribune Business News: The Miami Herald - Florida Florida appeared awash in health maintenance organizations when Frank Young decided to launch a new one. Instead of vying for bank funding, he took his business plan to venture capitalists. He convinced investors that his experienced management team and operating plan was worth their attention and their capital. It worked. With $4.5 million in venture capital , Young began operations. Now, two years later, Beacon Health Systems has $55 million in annual revenue, has just turned a profit and has attracted a sizable customer base. "It's been a positive relationship," said Jean George, of BancBoston Ventures, which invested $1.5 million in Beacon. "We haven't made our money yet, but they're moving in the direction we want. We will definitely look at more investments in Florida." Florida's penchant for entrepreneurial success has caught the attention of venture capital investors across the country, who are putting substantial sums into the state's emerging and expanding companies. At the same time, venture capital firms within Florida are on the prowl for investments. Venture capital firms provide companies with money in return for an ownership stake. Different firms invest in companies in their early, middle or advanced stages . Earlier this month, the state attracted new venture capital to Florida in an effort to generate $150 million as start-up money for emerging high-tech companies. Three firms, Advantage Capital, Wilshire Partners and Banc One Capital, are flush with capital from insurers, the result of a new Florida law that gives insurance companies a tax break for investing in venture capital firms that meet state requirements. Advantage and Banc One have opened offices in Tampa and Wilshire has opened in Miami. "We want to get the money out on the street and into the businesses," said Monique Cheek, program administrator with Florida's Office of Tourism, Trade and Economic Development. Some of Florida's biggest success stories are technology companies built with venture capital -- SportsLine USA, Citrix Systems and DataCore Software, all of Fort Lauderdale. Clearly, companies that operate in the high-tech sector have the best chance of attracting investment capital today. With the entire country off on a Web adventure, Internet start-ups hold tremendous promise for rapid revenue growth and high returns. It's a sign of the times that nine of the 21 companies that made a pitch for financing at the 1999 Florida Venture Capital Conference in Coral Gables were Internet businesses. At least a handful of those now are in serious discussions with venture capital firms. "High tech is what's hot and sexy and what has the most significant growth potential," said John Lawlor, president and co-founder of the EmailChannel in Boca Raton, which helps businesses improve e-mail usage and customer-communications programs. Lawlor's company made its pitch in 1998 and lured $500,000 in venture capital from Antares Capital Partners in Melbourne. "If you have dot com at the end of your name, you stand a greater chance than companies in other industries, but if you have a great business and a great management, you'll find venture capital ," said David Bates, partner at Gunster Yoakley Valdes-Fauli & Stewart and president of the Gold Coast Venture Capital Club. Venture capital has never been more available. Boosted by the bull market, nationwide venture capital investments hit a record in 1998 -- $14.3 billion. Florida has seen substantial growth in the venture capital flowing into the state. In 1998, venture capitalists pumped at least $301 million into Florida's budding companies, up more than 120 percent from 1995, when PriceWaterhouseCoopers began tracking such investments.

To: Zbyte who wrote (34151)	8/28/1999 4:20:00 PM
From: cicak	Read Replies (1) \| Respond to of 44908

Jeff - additional tax incentives for individuals and venture capital firms to invest in emerging growth companies. Regards, Phil =========================================================== techlawjournal.com Venture Capitalists Win Big Tax Break in IRS Restructuring and Reform Bill "The bill, which passed the House June 25, and the Senate yesterday, will allow anyone who invests via a venture capital partnership, to roll over tax free a gain from the sale of a qualified small business stock" when the proceeds are reinvested in another small business stock. This new provision is attached to the IRS restructuring and reform bill." "Capital gains taxes are paid on profits made on investments in stocks, bonds, real estate and collectibles. Section 1045 currently provides that individual taxpayers may rollover tax-free any gain realized on a sale of "qualified small business stock" when the sale proceeds are reinvested in another qualified small business stock. The rationale for this provision is to encourage individuals to invest in emerging growth companies, and also to encourage them to reinvest any profits once the original investments mature. However, the "rollover" benefits of õ1045 is currently limited to individuals." "What the new tax bill does is extend the benefits õ1045 to noncorporate investors, including venture capital partnerships. It will encourage people to invest in venture capital funds, which are a traditional source of seed money for high-tech computer and Internet industry companies." "While there is not yet any statistical data on who is actually availing themselves of the existing rollover provision, or who would use the new provision, Mark Heesen of the National Venture Capital Association predicted that the types of companies most likely to benefit would be "Internet, telecommunications, software, biotech, and medical devices.""