Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ttmar who wrote (9315)	11/16/1998 9:19:00 AM
From: MB	Read Replies (2) \| Respond to of 10903

I have some more questions: 1. Between April - July, TPI received $2M from the proceeds of C/D's. Why do they only have $150K in cash as of 7/31/98??? - Which leads to my next question... 2. With $450K or so in receivables, plus their available cash of $150K, shouldn't both be depleted by now? How the hell are they surviving if no other C/D has been issued? Also, not one new contract has been announced for 1Q99, so how are they paying their employees? 3. BONZ - could you tell me where on the 10K you saw that TPI wouldn't be converting the remaining C/D's? 4. Also, there isn't a trail of debenture conversions in the "Subsequent events" section that leads us from 16.1M shares on 7/31/98 to 18M as of 11/11/98, unless I missed something somewhere.

To: ttmar who wrote (9315)	11/16/1998 10:26:00 AM
From: Alan Coccio	Respond to of 10903

Well, here's just one of the confirmations: The shareholders of Diversified Technologies Ltd., a British Virgin Islands corporation ("DTL"), are Paul G. Mighton, Gary G. McCann, Vladimir Stepanoff and John G. McGee. DTL holds the following shares of Common Stock as nominee for Messrs. Mighton, McCann, Stepanoff and McGee: 241,250 shares, 241,250 shares, 241,250 shares and 241,250 shares, respectively. 08/28/98 10SB12G/A The shareholders of Diversified Technologies Ltd., a British Virgin Islands corporation ("DTL"), are Paul G. Mighton, Gary G. McCann, Vladimir Stepanoff and John G. McGee. DTL holds the following shares of Common Stock as nominee for Messrs. Mighton, McCann, Stepanoff and McGee: 141,250 shares, 141,250 shares, 241,250 shares and 141,250 shares, respectively. 10KDB40 11/13/98 Alan