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Microcap & Penny Stocks : TPII - Year 2000 (Y2K); Groupware; Client Server Migration -- Ignore unavailable to you. Want to Upgrade?

To: Ice Cube who wrote (7594)	6/12/1998 9:07:00 PM
From: BONZ	Respond to of 10903

Illegal and traceable. Should be interesting to see this play out.

To: Ice Cube who wrote (7594)	6/12/1998 10:46:00 PM
From: Alan Coccio	Read Replies (2) \| Respond to of 10903

Hey Ice, how the heck are ya? Hope you had a profitable trip. Actually, there are more than 4-million shares overhanging as we've discussed earlier. Thomson Kernaghan had a total of 3,630,523 and I don't believe they were issued with any restriction. And we can't forget the sweet deal to Mayfair Advisory Group where they got 500,000 shares and 500,000 warrants. By they way, those warrants expire this July 8th and may be trickling into the market. Of course, there are other bits and pieces of stock floating around in other hands as we know from the early days. Oh, and by the way, Mr. Mighton isn't overpaid but isn't exactly living on beans either. From the Form 10: Mr. Mighton's employment agreement provides that he will be paid an annual salary of approximately $110,000 I know, I know...$110K doesn't go very far anymore. Perhaps he can augment that little salary by shedding some of the holdings of Diversified Technologies, Ltd. which is conveniently located in the British Virgin Islands and not subject to the restrictions placed on "onshore" companies. These are the type things that come back to haunt a company. It doesn't much matter how much confidence we have in the business prospects of TPI. All these old ghosts need to be exorcised before we see the price appreciation we all expect. A few business contracts wouldn't hurt either. I would be willing to bet that a whole lot of these shares are being held back for the day we get the news we're all waiting for and see a price spike. KABOOM!! Shares hit the market and the price wilts once more. Eventually, all this old baggage will be gone but you are correct to point out that it currently exists and explains many of the happenings in this stock price. Alan