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

To: Ditchdigger who wrote (44708)	2/21/2001 5:44:14 PM
From: ztect	Read Replies (2) \| Respond to of 44908

No Ditch....there's another word for it.... That word is "fraud" if what was reported isn't true. Per the last 8-k, an amended 8-k was due by the beginning of next week with Affinity's audited financials for the first three quarters of last year, which would confirm annualized earning numbers as noted in the PR's and also provided without back up in the 12/28/00 8-K on page 20 as follows, (t) Annualized EBITDA. The Target's annualized EBITDA, on a pro forma basis, based upon the nine-month period ended September 30, 2000, was approximately $2.2 million (with $200 thousand in bonuses paid added back) on annualized gross revenues, on a pro forma basis, of approximately $19.4 million. Moreover, per news releases Roix was proclaiming that they were exceeding the annualized, or earnings project for the full 12 months, especially due to increased sales through the internet associations formed through merger most notably in December of 2000 Now since the "buy back" was conveniently initiated, the audits are considered material and confident information of the "target" Affinity, that can't be released by the "parent" tsig. Thus if fraud was perpetrated then the timing neatly fits the schedule of not demonstrating earnings when REAL numbers would have to be produced to show to shareholders the apparent BS we were being fed. So again, I wonder as to the specific timing of the last news release, as this pertains to having more than only carrots to dangle to keep shareholders optimistic even as the share value eroded significantly. So as to where's the "beef", looks like money talks and Scott Roix with his bulllshit walked...... z