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


To: Mister_Ex who wrote (912)6/2/1998 9:13:00 AM
From: Norms  Respond to of 44908
 
My 9 year old daughter will be hocking me for CD's also.

Side note - for some strange reason, MMs always take a price down before news to get cheap shares for the runup. I have seen it a thousand times. Remember why you picked this stock. If the price becomes appealing - buy more on dips. If not, sell your shares and let's move them into stronger hands.

Patiently waiting........Norms



To: Mister_Ex who wrote (912)6/2/1998 10:07:00 PM
From: StkProfit$   Respond to of 44908
 
I agree with your complaint to management about delivery time. In a market where teenagers/college kids are the largest market, you can't afford to keep your customers waiting. Teenagers might like a great deal, but to ask them to wait more than ten working days is likely to tank your company's reputation. Great job on raising this issue with management!! Even better that they're doing something about it!



To: Mister_Ex who wrote (912)6/4/1998 1:57:00 AM
From: JEFF BERRY  Read Replies (2) | Respond to of 44908
 
Mister Ex, Thanks for your post #912.

You refer to a private placement for 7.5 million to be wrapped up and announced within the next week or two.....If that is the case I am surprised that Bill Kabesh was not aware of this when I spoke with him last friday. He indicated that TSIG had been working on a private placement but that it was now either delayed or derailed. He stated that Mr. Gordon had indicated to him that he was now close to a deal that would roll-up TSIG along with a number of other companies to form a new entity.

It is very possible that your information is correct. I am not sure how well connected the P.R. firm is at this point. They seem more like stock cheerleaders then substantive reporters.

However, If your information is correct it could be a double edged sword. On 4/23 and 4/30 TSIG completed private placements with Lexus Partners and the Ira Group for a total of 7.5 million shares. the filing states that the option price was "between .15 and .50 per share." The filing does not fully disclose the number of shares with the corresponding option price......That indicates to me that it is likely that a majority of the shares can be optioned at .15...The reference to the range up .50 (without full disclosure) would appear to be camouflage......The price of .15 per share seems logical when you consider that 4/23 was also the same date that Mr Gordon provided himself with a .15 option for up to 5 million in TSIG shares by virtue of the revolving credit note signed that day.

What does this have to do with the possible 7.5 million placement? Any saavy business person with millions to invest in a highly speculative, high risk company is not about to do it at the ask price. If you were to invest a million in TSIG would you do so at an option price greater then what Mr. gordon,the Ira Group, and Lexus Parners have?......Highly unlikely......You can bet that if a 7.5 million p.p. did go down it went for .15 a share......That would result in 50 million addition shares issued.......When you add that to the 12 million shares that TSIG recently filed for it's employee stock option plan the number of outstanding shares will have swelled to the maximum authorized of 100 million shares.

TSIG is in a catch 22. They desperately need the cash to survive. Otherwise shareholders suffer. However the incredibly dillutive affect of acquiring the needed cash is almost as equally painful.

Hence, the double edged sword...Respectfully, JAB