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.

Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Steve Woas who wrote (9197)	1/21/1998 3:08:00 PM
From: Jack Zahran	Respond to of 31646

Steve Make sure you click on Topro when you get there: freeedgar.com The CEO cutting the amount he is registering from March 1997 by 57K is very positive news. The other registration is nothing new as we already calculated into the 24 Million Outstanding. It will mean the price may drop slightly allowingt us to buy at an even better price while we wait for the Stock Holder and Quarterly news. In my opinion the timing is pretty good to get the preferred stocks out of the way. As far as TPRO's debt goes, they are doing great. A 2 Million + loan matures in March (I believe) with a debt to Asset ratio that TPRO beats easily. I am waiting to hear if they paid this debt off with some of the proceeds from the last PP. Their last stated strategy was to use half the proceeds from warrants and offerings to pay down their debt. The other $2Million dollar debt they have, they don't have to worry about till after 1999. The company is doing pretty well with cash this time around due to the PP. Last quarter they actually had Gross Profits though they absorbed a slight NET Loss.