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


To: NASDBULL who wrote (8490)8/27/1998 12:34:00 PM
From: Larry Levine  Read Replies (4) | Respond to of 10903
 
Just got a response from Samantha regarding questions
posted previously:

In answer to your questions, the finance department is working on the
filing for the year ended July 31st, 1998. Under SEC regulations, TPI has
90 days from the year-end in which to submit the filing. The CEO and/or
CFO may or may not make a statement with respect to the year end results
prior to the filing being made. At this point I have not been given any
announcement to schedule in this regard, therefore, unfortunately I cannot
give you any more information than that.

TPI is still working with BigiSoft to secure a TPI beta site for Vertex
2000. When there is finalization on a site announcement will be made.

As for another convertible debenture being necessary, this is something
that would be a board decision and since I am not part of the board of
directors, I am not privy to this information. To the best of MY knowledge
there has not been another CD required.

As for the conversion of the CD by Thomson Kernaghan, this again, is
something that is handled through the CFO and that I am not privy to, the
details will be available in the financial reporting when it is filed.

As for news, we are hoping to be able to issue some news in the very near
future. There is a lot of activity in the sales funnel, as well as
preliminary assessments and work being performed at potential client sites.
Once we have signed contracts we will be making announcements.