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Microcap & Penny Stocks : Tech Squared (TSQD)- Internet Commerce -- Ignore unavailable to you. Want to Upgrade?


To: elepet who wrote (2329)10/24/1998 1:57:00 PM
From: Sigmund  Read Replies (1) | Respond to of 2752
 
<<<<<This is just speculation, based on my concern that TSQD will never actually get these 3,200,000 shares, or any meaningful benefit from them. Isn't it odd that TSQD has never issued a PR or statement saying more than they have the "option" to buy these shares.<<<<

I see no reason to assume that TSQD will not either exercise their option or exchange it for something else of equal value. But there is every benefit to TSQD of waiting until the last possible moment....and DRIV may extend the option.

As long as DRIV pays no dividend there is no rush to exercise the option. Until TSQD management exercise their TSQD options it may be desirable to them to have TSQD delay exercising the DRIV option. This is particularly important if the objective is to exercise the DRIV option and distribute the DRIV shares to TSQD shareholders.

I anticipate that sooner or later the DRIV option will create value for TSQD shareholders. Just my opinion.