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

To: Martin E. Frankel who wrote (1102)	6/5/1998 8:54:00 PM
From: Suzanne Newsome	Read Replies (1) \| Respond to of 44908

Various Observations: First of all, a tremendous thank-you to Gambler and Beeblebrox for the great job done speaking with Mr. Gordon; reporting back to the thread in a thorough, concise, readable form; and rebutting the inevitable challenges. I personally appreciate the time and effort they spent doing this, and I believe they helped calm the fears of countless people who have resolved to hold their shares. The discussion of the CCI deal unwinding has died down. While I'm impressed by Mr. Berry's ability to pursue the implications of these SEC document statements, I think it falls under the category of "CYA." In other words, that clause which reserves the right of TSIG to unwind the CCI deal should the audited financials prove unacceptable is CYA-one of those strange little actions we take which have no obvious purpose but which protect us in the unlikely event of a legal action. The key word here is "unlikely." I worry about the CCI deal unwinding as much as I worry about an invasion from Mars. Some people are unhappy that the firm date for the opening of the web site has not been announced. It matters not to me whether the opening date is June 15, June 30, July 15, or later. They will open the site as soon as it is ready. But the "event investors" really, really want to know the exact date. "Event investors" (my term) are people who jump into a stock just before a web site opening, court decision, government ruling, etc. and then sell just before the big event. I predict that the "event investors" will come on to this thread and hype this stock to death. There will be comments like "Fasten your seatbelts!!!" and "It's going to the moon!!!" These posters will never be heard from again once the site opens. They will have sold out and be off looking for the next "event" stock. In my last post, I was unhappy about my perception that Robert Gordon had cut himself too sweet a deal by potentially receiving $.15-a-share stock in loan repayments. However, $.15 is what the stock was selling for at the time. Those were dark days. I feel it is fair to sign a deal that uses the market value of the stock at the time the deal was struck. Therefore, I retract my suggestion that Mr. Gordon renegotiate the terms of his loan. Lastly (. .applause. .) is the issue of stock dilution. The '98 first quarter 10-Q lists outstanding shares as 32.5 million. The private placement will bring on another 7.5 million (more or less). The total of 40 million shares is a lot. Cash is what will stem the tide of stock issuance. I believe the cash will be there in 6-18 months, stock dilution will cease, and the company will "grow into" its outstanding shares. Mr. Gordon is a mega stockholder and has much to gain by managing this aspect of the business well. Regards, Suzanne