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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: Untouchable who wrote (2969)7/2/1998 6:48:00 PM
From: Loren S.  Read Replies (5) | Respond to of 6931
 
Hate to post a negative message, but thought I'd share concerns being discussed on the AOL board. A couple of investors have been told that they could buy TSIS shares through "friendly brokers", indicating possibly that Interactive Telesis may still be selling shares out the back door. Please say it ain't so. Anyone have any info on this one way or the other. Would be a very ominous sign. Last we were told there were approximately 25 mill outstanding after some cancellation of shares. I'd hate to hear that there are a lot more shares out there. I would be very disappointed in the Camerons if so. I know they are trying to keep the company out of debt, but by furthere dilluting shares, they would be destroying our shareholder value. May explain the stubborn price.