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


To: JEFF BERRY who wrote (975)6/4/1998 2:11:00 AM
From: E. M. Edds  Respond to of 44908
 
Very strong news to be announced in the near term--see my post 967. It also discusses the roll-out you mention.
I appreciate your posts greatly! I was fortunate to buy into NRMI in January of 1996, and have been pleased with the results. Today, the music industry is in much better shape, and TSIG is positioning itself to be a leader in internet sales. The call center is a whole other pot of gold.
I wanted to thank ROSEROSE for suggesting I take a look at this stock. After my discussions with the investor relations firm, I bought in Wednesday.



To: JEFF BERRY who wrote (975)6/4/1998 3:01:00 AM
From: Martin E. Frankel  Read Replies (1) | Respond to of 44908
 
Jeff,

<< 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. >>

I don't quite agree with your logic as the exact details of the private placements are not known. If you go back to April 23 you will see that the stock was trading at around $0.15... the option price. I don't believe this is unreasonable. At almost that exact time (about a week later) the stock price moved up to a little over $0.20 on decent volume. If, and again this is only a hypothetical, there is a deal on the table, that may explain the current stock price movement. Someone may be driving down the stock price intentionally to establish a better option price... not nice, but all too common. The lower the price, the more shares they receive. In the long run I personally don't think it will have any affect other than a positive one on our investment... particularly if the stock options can't become free trading for a decent period of time. Those making private placements don't do it as a benevolent gesture. They do it to make money... just like you and I. The difference is they put up large amounts of capital because they believe the Company (in this case TSIG) has the "goods" to yield them a high return on their investment over time. VCs never or rarely do a private placement at the "ask". Don't forget... they can't sell their stock the next day so their risk is higher and their capital is tied-up often for a prolonged period... but their rewards long term are also greater. The advantages to TSIG are multiple. Primarily they raise immediate cash which is something every start-up needs.

<<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.>>

This I'd like to know more about. Starting to sound like the old "conglomerate" days.

If anyone has any comments or input, I'd appreciate hearing them. Thanks in advance.

Best wishes,

Marty