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

To: V$gas.Com who wrote (43930)	12/20/2000 5:46:26 PM
From: Bald Eagle	Read Replies (4) \| Respond to of 44908

With 2.65 million bucks in convertibles, at today's close they would get close to 10,000,000 million shares. That would be less than 10% of the shares that are outstanding now. Of course, if it drops to ten cents, it could turn into 30 million or more. That still wouldn't bring them close to the 300,000,000 that they are allowed to issue, so they wouldn't need a reverse split to issue more shares

To: V$gas.Com who wrote (43930)	12/20/2000 5:50:37 PM
From: JWC	Read Replies (3) \| Respond to of 44908

You see a R/S this soon. I just don't see it happening this fast after the last one.

To: V$gas.Com who wrote (43930)	12/20/2000 6:31:21 PM
From: TideGlider	Respond to of 44908

You are correct fella. So what do they do when they get the shares? Sell them of course. Don't be mistaken. These people never want to wait a see if the stock price goes up. They just want the second half of their money. They knew the company couldn't possibly pay by December. So did the company. It is a rather cold spectacle. Yet so many stock holders are fed BS lines about "friendly" convertible PPs. Do you remember listening to the shareholders quoting management a year ago about some PP holders being friendly and blah blah blah...that was meant to keep you in. TG

To: V$gas.Com who wrote (43930)	12/20/2000 6:32:04 PM
From: ztect	Read Replies (3) \| Respond to of 44908

The OS isn't increasing every day. Though I share your concerns about the LT debt, you shouldn't post falsehoods. The share increase went from 27 post r/s then to 31 post r/s to cover outstanding options. The next increase was documented and due to the GS reverse merger which accounted for 45 mill share with 37 mil held by management and restricted bringing the total OS to approx 76 million. Again an announcement was made that due to the acquisition of Affinity there would be a 30% increase due to the 30% ownership of Affinity resulting in the current and stable count of just under 114,000,000 Even with a price of 10 cent that would unfortunately add approx. 30 mill conversion shares leading to an OS of approx. 144,000,000 which is just slightly higher than the bogus number of 139,000,000 you reported on 12/16/00 and I corrected on 12/19/00 As Baldy noted, even with that many conversion shares there is NO pressure to raise the authorized or do another r/s because of the authorized ....144 mil OS isn't even half the authorized 300 mil. Again did you purposely lie about your 139 number? And why the histrionic statement about the share count raising "every day" as well as the drama queen language of another r/s because of the authorized ceiling? Why are you using such false misleading sentiments and histrionic language? To me this borders on an a specific intent to manipulate share price and share holder interest. Maybe your actions should again be scrutinized by the SEC. When you consider that almost all outstanding options are priced over a dollar with most being in the $1.40 range, options are worthless. Because what option holder in his right mind would exercise his option and buy shares at nearly three and a half the market price? Or in other words, exercise of options are not a source of dilution .....unless like others have demonstrated here before....do you also not know what options are? Anyway 'nuff said.