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

To: Susie924 who wrote (39803)	2/29/2000 7:21:00 PM
From: Fred Thornell	Read Replies (2) \| Respond to of 44908

The bank has advised TSIG.com that before this financing can be completed, the company must restructure its existing capitalization by reducing the number of shares of common stock outstanding. The company plans a shareholder meeting on March 27, 2000, to consider such restructuring. {}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{}{} Susie, before the shareholders meeting we will all have a "VOTE" {IMHO} I think a R/S to go to the big board would be a good trade off for the big picture... 40m is a lot of money... "VIPER" {Keep cool and pack for VEGAS}

To: Susie924 who wrote (39803)	2/29/2000 7:50:00 PM
From: BishopsChild	Respond to of 44908

The "Bank" wants the number of OUTSTANDING shares reduced....... no mention of a NASDAQ listing as a requirement for the financing. But then again.... as hard as I try not to read between-the-lines, NASDAQ listing is about the most common if not the only excuse for a reverse split. Merging with a listed company is a better choice....... I dont think anyone in the Bank is looking for a listing now......and that's why they DID NOT ASK FOR IT. better half empty than empty ;-) jem

To: Susie924 who wrote (39803)	2/29/2000 8:07:00 PM
From: bigwali	Read Replies (3) \| Respond to of 44908

Susie, the mood on RB & here seems generally positive about the Reverse Split. JMO, but it appears that a RS is the only option that the Investment Bank would consider before going forward with this. In the short term, it would offer: 1. A more attractive financial picture for investors. 2. Less outstanding shares on the market. 3. Infusion of Capital for TSIG to execute its business model. IMHO, this reverse split would be beneficial for TSIG and its long term shareholders if TSIG can continue to execute their business model and turn their financial picture around in a short period of time. If they don't, then all bets are off and the share price could sink back to previous levels before the RS. Check investhelp.com for a sobering view of reverse splits. I'm betting that TSIG can pull it off. We'll see. Take Care....Bigwali

To: Susie924 who wrote (39803)	2/29/2000 10:10:00 PM
From: johngmack	Respond to of 44908

Susie, I truly believe that being in the know comes from being long. Who of us would have believed these last two PR's back in June/July 1999 ? Your reference to half-empty is relevant. My wife is always the half-empty person while I assume the other role. To this day I haven't figured out the reason why I started buying TSIG in May, 1998, when the focus of the DD was "not enough cash flow to remain in business" and IRS liens. Before commenting on the RS possibility, please let me say how fortunate it has been to benefit from the comments and DD of the longs on this thread. RB may have the volume, but pound for pound, this SI thread has the best info (a case could be made that it also had the worst bashers). Over the past 9 months I have been planning for TSIG to fund an early retirement. You may have noticed that my planning was completed today with about 1 1/2 hours to spare. GO TSIG! Here's my half-full observation on the reverse split. There has and will continue to be much discussion on the merits. There are examples of failure and examples of success. In the case of TSIG, the RS would be from a position of strength, not defense. IMHO, if you take the half-full position, by April or May, it will just be old news. Susie, we're talking about about the final countdown tonight. Tomorrow AM is the real launching! Best of luck. John