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

To: Tom Hua who wrote (213)	5/8/1998 1:15:00 AM
From: gambler	Read Replies (1) \| Respond to of 44908

Gambler, In your thread opening post, you mentioned that Compact Connection was acquired for only $1.6 million, which contradicts the following company press release. What was I missing?, The figure given in the press release of $15 million is based on the share price at the time of the completion of the acquisition. The company has said that the share price was over $2 when the deal was closed. So say 6-7 million shares, stock at 2.14-2.50 per share. The figure I gave of $1.6 M was based on the current share price of .27 (at the date of the post). Since it wasn't cash, the dollar amount doesn't really matter, just the # of shares that they issued to do the deal. I was just making a point of the good deal TSIG got in this transaction IMO. Gambler