Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ztect who wrote (39808)	2/29/2000 9:43:00 PM
From: JRSwails	Respond to of 44908

Ztect...Won't TSIG be able to announce who the lender is once the financial instrument is finalized? Jerry

To: ztect who wrote (39808)	2/29/2000 10:11:00 PM
From: JWC	Respond to of 44908

Off RB From a guy named Neil: By: padoc Reply To: None Tuesday, 29 Feb 2000 at 7:52 PM EST Post # of 55027 To All. I have been a large TSIG shareholder since late 1997. I too am in the 7 figure club. It has always been my desire not to post, only to "lurk". However, today's PR has changed my mind. I am happy that the great majority of the posters have the intelligence to see what this deal means to the company. The success of TSIG, Imo , has been assured with the backing of a prestigious investment banking firm. If they are willing to finance TSIG for $40 Million then they must see something even we long and strong shareholders don't see. We all know financing has been a critical issue for the company. It is my belief that we have not seen the announcements of deals with UCP sponsors because of the question mark about the company's finances. If I were the CEO of a big company I would want to make sure the company I am dealing with has financial stability. Will the company I sign a deal with be around in the future? Well, fellow shareholders, this deal insures that TSIG will be around. The investment banking firm, as part of the agreement, requires a restructuring of the outstanding shares. This is their requirement for the deal, not TSIG's. If a company giving you $40 Million tells you to do something, you do it. We all know what that means. I am looking for a 1 for 10 reverse split. If you noticed the PR mentioned only the common shares outstanding. IMO, we may see the authorized amount remain the same or be reduced to a lesser degree. What would this mean. Maybe, just maybe, the investment banking firm has big plans for TSIG. It would not surprise me if, in the future, we see TSIG making acquisitions of profitable companies for stock just like almost all other companies do. Look at Cisco as an example. With a little imagination you can see TSIG growing into a huge conglomerate. You better believe the investment banking firm will be calling the shots. I would not be surprised to see them get a board seat. I would surely want one if I were giving that much money. Do not lose sight of the fact that without their backing TSIG may never get off the groung and could very well go under. Also, remember that with a higher share price the company will certainly apply for NASDAQ. Then imagine how high the stock can go. So, in final analysis, this is a great deal for TSIG. Yes, there will be a reverse required by the investment banking firm. But without this deal we may not have a TSIG. A vote will probably be necessary. I strongly urge ALL shareholders to vote for the changes at the upcoming meeting on March 27th. Neil Sorry for the long post.