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To: jan m. who wrote (9653)1/27/1998 8:27:00 PM
From: Quad Sevens  Respond to of 31646
 
About dilution: This is not the issue John keeps making it out to be. Simply think of TPRO as having around 24 million shares. That's what I've done from day one (around 23 million then). That's what Skip has been doing. That's what knowledgeable investors should do.

The difficulty here is not in dilution, it's in all the various godawful preferred covertible hideous warrants from hell, or whatever they are. They've always been there and it's just one of the things you live with with this investment. (John: All of that was there from the first day you invested in this company. Yes, and we're all jealous you got in for 35 cents/sh or something, and now you're bitching the loudest, LOL.) Count all of those shares in and stop worrying about dilution.

The only real new dilution has come in the form of options and the PP. I was in favor of the PP. We needed the cash fast. We suffered about a 4.3% dilution to give TPRO 5 million bucks in cash real fast. That was OK with me (although I recognized none of the big names that were supposedly involved). Then we have options. They don't seem excessive. They were granted at existing market prices, yes? John, quit talking about Jenkins and his buddies getting in at 2 1/2, will ya? That's the kind of thing that always happens in a company whose stock price takes off.

Zebra, you have to admit that granting options based on new shares provides capital for the company, yes? So it's not just pure dilution. (In fact, in TPRO's case, the book value/share goes up when options are granted at current prices.)

OK, my high horse is getting tired.

Best, Wade



To: jan m. who wrote (9653)1/27/1998 8:45:00 PM
From: C.K. Houston  Read Replies (6) | Respond to of 31646
 
Jan,

YESSSSSSSSSSS!!!! GREAT DAY!!!!!

Looking forward to seeing you in Denver.

ALL: Scott and I are now starting to work together. He's arranging some meetings for me with the media and some key people in TPRO. Give him some slack right now. Dreyfus is on board .... and it wasn't because of TV ads or this thread.

THOSE ATTENDING STOCKHOLDERS MEETING If I haven't contacted you regarding our "gathering" in Denver ... email me tonight. I'm leaving tomorrow morning. If we miss each other, go to Garrity's lounge at 6:30PM ... look for a group that includes a women with short brunette hair, black mink, black pantsuit and Chanel earrings ... and a BIG smile.

Caio,

Cheryl

P.S. Regarding media - there is no guarantee about having stories placed. You can only bring the "story" to them and then they go with it at their discretion. We're dealing with only the Denver/Colorado market right now, and some publicatons are syndicated and some aren't. But it's a start. Accolades to Karl for getting the ball rolling.



To: jan m. who wrote (9653)1/28/1998 9:08:00 PM
From: Captain Jack  Respond to of 31646
 
Jan--- at this point there is nothing that would change my mind. There is money to be made on TPRO IMO. Holding and trading. Much more to be made trading as $$$ can be turned many times. Too much DOWN time to hold. No stock goes straight up so no matter how high it goes traders can make money. With NMS they can also make it on the short side. Come on NMS--- double the prospects...