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


To: Zeev Hed who wrote (34980)9/23/1999 12:17:00 AM
From: zonkie  Read Replies (1) | Respond to of 44908
 
Do you think that when the sharks are done converting and covering that they will have enough shares left over to control the company?

When some of the people here that are stuck in this asked management who it was that loaned the money to the company they wouldn't tell them. Do you think it is possible that any of the people that were already big shareholders of TSIG might be some of the people that loaned the money?

When I first read the terms of this PP the first thing I thought was that Gordon had agreed to sell somewhere between 60 to 80 or maybe even higher of a percent of the company for 5 million dollars and I didn't think he would do that if revenues and profits were as close at hand as what everyone seems to believe. Even if Gordon got as high as a percentage of the newly registered shares (the 25 million) as he has in other employee compensation programs it still might not be enough to stay at the helm.