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


To: Tom who wrote (34494)9/7/1999 1:38:00 PM
From: Suzanne Newsome  Respond to of 44908
 
Tom, "create some new past." I like it! From RB. Investing certainly makes for strange bedfellows. By: Alyce
Reply To: 17655 by johninc Tuesday, 7 Sep 1999 at 9:30 AM EDT
Post # of 17666

One of the few times I strongly disagree with Zeev.

From Zeev at SI?

Message 11171069

Suzanne, and quite a number of time I have warned REW that he is being used by management to hype the stock. Last week failed rally is the best proof. Someone was selling very heavily, and it was not me. (VBG), nor "shorters" that have no fail proof collateral (you call your broker and ask him what he'll require from you to short TSIG and you will clearly see what I mean). The only shorters possible are either off shore accounts, and even these brokers will require fool proof collateral, such as a floorless or another document guaranteeing future delivery of the shorted securities. Wake up Suzanne, when the TA and the FA do not jive, believe the TA

Under normal circumstances I would concur. But here in the case of a floorless PP where the converting party has an intense incentive to drive the price to as low a point as possible by shorting against the box that?s an artificial condition at best. Especially when evaluated in the face of ongoing revenue developments at the PIG.

Ordinarily Zeev appears to be an honest broker. I can?t help but now wonder what his agenda is unless he sincerely does not understand the Lifetime Learning project.

But here?s the biggest rub of all. If Gordoon really now has access to $1,500,000 and the remaining deb?s to be converted number only in the hundreds of thousands then Gordoon alone can trigger the conversion of the shorters remaining debt by demanding a cash conversion today. While the cash option lies exclusively with the deb holder the demand made by Gordoon sets the time and date for shares conversion which would be today and thereby force the shorting deb holder completely out of the water and TSPIG can begin to trade at their newly found levels. Whatever they may be.

All this assumes that the Share Pig hasn?t a personal incentive for the shorting to continue and/or the basic competence to understand his options under the previously written floorless debenture. A lot to assume to be sure.

So in conclusion to all those interested in the competence and honesty of the Share Pig you might want to be a bit more aggressive in having them pursuing this immediate remedy.

Watch out for an end run by the stooge and him telling you the attorneys say it (the PP) has some limitation or another that prevents such action. It does not!! Not unless Futro is in on the shorting and trading the stock illegally over the border. Of course we would never expect an officer of the court to do such a thing now would we?

By the way Bernie, did you notice a dark colored Ford always being around this past weekend?

Al