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


To: Batgirl who wrote (3080)7/13/1998 2:35:00 PM
From: Island Man  Respond to of 6931
 
No reverse split here,just straight fundementals will move this
stock higher.Patience........



To: Batgirl who wrote (3080)7/13/1998 4:37:00 PM
From: jmt  Read Replies (2) | Respond to of 6931
 
Reverse Split:

Concerning a reverse split, at this time IMHO I don't see it. Reasons are:

- Company has not expressed urgency to be listed on a major exchange. Therefore no need to meet share price requirement

- The only reason to be in a rush to get to a major exchange would be if financing was required. This business will be better defined after we get this quarter financials, but I do not expect a cash drain to have occured, therefore if cash flow is flat or positive, the financing issue is not important.

- Finally, if we are patient and the company can execute, the price will move up on its own.

I expect some of this sounds good, but boy, I sure hope I am right for once!

jmt