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

To: Susie924 who wrote (39905)	3/3/2000 8:49:00 AM
From: Suzanne Newsome	Read Replies (3) \| Respond to of 44908

This was on RB but reposted from AOL (my comments follow): <<REPOST from AOL - TSIG - NO REVERSE SPLIT TSIG management needs money to execute their business plan... that plan includes private investors using a investment firm (bank - as their agent), providing funds for TSIG's growth... As stated by LETTIR123... the fundamentals are in place for growth and the management team will buy-back shares rather than resort to a reverse split.... a reverse split is not necessary because the stock price will head north on fundamentals and a result of the reduced float (after the stock buy back has been executed). IMHO (I don't think investors will agree to a reverse split as a stock appreciation strategy.... to risky with many negative connotations)...>> Yes, I agree that the stock price will head north on fundamentals. However, TSIG does need funding. The condition for that funding is reduction of shares. The investment bank is calling that shot. The company cannot obtain $5,000,000 at a cost of 6,250,000 shares and repurchase shares. The numbers don't work out.