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

To: TOPFUEL who wrote (43947)	12/20/2000 7:20:22 PM
From: ztect	Read Replies (1) \| Respond to of 44908

Don't know about short interest since it isn't documented like with other exchanges, and marginable stocks...so that is a "theory" based on the precedent of what frequently occurs in situations like this even with OTC-bb issues. Nor did I imply that shorting was or is the only reason for the price decrease. But certainly you'd have to agree that the incentive is there for some to essentially short against the box with the people who have the share to cover are those who will have conversion shares. Like I said currently there are a lot of downwards pressures. If you hadn't noticed 1000 other stocks hit their all time lows today. This creates margin covering. Plus end of year tax selling doesn't help. All of which adversely impacts volume which makes it easier to go short. As for burn rates, GS loaned money to both tsig and reliant. Affinity also loaned money to tsig . Thus allowing for tsig not to draw down any portion of the financing associated without the unnamed IB. (Until a draw down is required, my understanding is that there is no obligation to name the IB which is the AGENT not the financier....with the amount to drawn down in increments as required at terms based upon the price at the draw down. Hitherto with Affinity revenues, GS loans, the lessened burned caused by the non-acquisition of RIMC, draw downs haven't been required thus coutering the whole premise that excessive cash is being burned like other INETS. (Want to see some burning? Check out Etoys).. GS isn't positive cash flow, but Affinity supposedly is (yes we need to see Affinity's filings). Moreover, Reliant is still generating business for both Affinity and GS. Even tsig has extended the base to which Affinity can market. Thus without seeing any of AFfinity's numbers yet, it is neither correct to say that either GS or tsig add or detract from Affinity's bottom line. Moreover the bulk of the employees seem to be associated with Affinity which are low wage jobs (teleservices), though I don't know where the 250 number comes from other than REW...and yes REW, shall I say politely, embellishes. I thought the number was more in the 120 to 140 range with 80 at Affinity, 25 or so at GS, and another 25 to 30 at tsig. Though Affinity again "supposedly" has had pressure to expand, but I have no confirmation of this. Note I also agree about getting the free ISP back ASAP, using the ISP with GeneralSearch and MyPennzoil as the home page at start-up (launch page) generates a lot of the traffic to and "hits" on the site.. I haven't used the site as frequently since the free ISP has gone down. Now regarding Reliant announcements, this is what was conveyed to me. If you read..... (I'm again going to have to finish that story later. My ISP keeps dropping me......and it's pissing me off).