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


To: StkProfit$ who wrote (1327)6/17/1998 12:12:00 AM
From: gambler  Read Replies (2) | Respond to of 44908
 
Now let's review each one of these listing requirements, point by point and apply it to TSIG.
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1.)Net tangible assets* of $4 million, or market capitalization of $50 million, or $750,000 in net income for two of the last three years.

Easily met. We will take market cap on this one of $50 million. So let's say 40 million shares outstanding. TSIG's share price would need to be $1.25 per share.

2.)Public float of one million shares*

Already met with float of 18 million.

3.)$5 million market value for the public float

$5/ 18 million float= share price of .28. Already met.

4.)300 shareholders

I don't know for sure, but I am going to make a safe guess and say already met on this one.

Consider 18 million float, if only held by 300 shareholders

Avg holdings per shareholder would equal 60,000 shares, judging by average trade size I would guess 60,000 avg is a high estimate.


5.)$4 minimum bid price

Need some work here, but very likely once web site is up, alliances are announced, and Emerging Public Companies airs.

6.)Three market makers

Already met. Not sure how many exactly (level II man help me out), but I know it is more than 3.

7.)Operating history of one year or a market capitalization of $50 million

Operating history of one year, met or market cap at $1.25 per share. Either or.


8.)Corporate Governance Standards such as:

-requiring a minimum of two independent directors on its board of
directors


Already met.

-establishing and maintaining an audit committee with a majority of independent directors

Don't know, doesn't sound tough though.


-holding an annual shareholders meeting

Easy.

-soliciting proxies for all meetings of shareholders

Easy.

-distributing annual and interim reports

Waste of shareholder equity (look at Edgar for God's sake). Costly IMO, but easy though.

-utilizing the company's audit committee or a comparable body to review potential conflicts of interest

Blah, blah, blah. Easy, easy, easy.

-requiring shareholder approval for certain actions

No problem.

Well there you have it folks!!! That is how we are getting on NASDAQ. What do you think? Not too tough.

Take care...

Gambler




To: StkProfit$ who wrote (1327)6/17/1998 9:55:00 AM
From: AJ Berger  Read Replies (2) | Respond to of 44908
 
Smith Barney never had anything on TSIG

I spoke to Mr. Ed S* a Senior V.P. Sales,
Smith Barney, 1345 Avenue of the America's.

TSIG has never been followed, researched
or recommended in any way. CDRD and AMZN
are followed by them, and TSIG was in no
way even mentioned as ever being an issue.

sorry, vicarboyz, but the reality is;
nobody of substance follows TSIG accept
the supposed 55% of shareholders who
lurk on this thread.

* would rather not divluge his correct name,
so that nobody online calls to bother the man.