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To: lakers17 who wrote (10030)11/18/1998 9:41:00 PM
From: Fuller  Respond to of 44908
 
ntweb.telescan.com
TO ALL im not sure if this works but try this graph.
All the teck. indicators as i see it are positive, and show accumulation of this stock.



To: lakers17 who wrote (10030)11/18/1998 10:19:00 PM
From: MskiHntr  Read Replies (1) | Respond to of 44908
 
lakers, you've asked the $64,000 question(s):

What's the length or date of maturity of the Cv Deb?
What interest rate does it carry?
What are the terms and conditions of the convertibility to common stock?
Is there a fixed price at which conversion occurs, i.e. does it have a floor?
When can the private party convert? Immediately or after a specified time frame has elapsed.
Can the company call the issue either in whole or in part?

Just a few of the questions that I would like the answers to. Maybe there will be a filing with the S.E.C. that defines all of the above as it it an obligation of the company and not of an individual.

Hopefully, we'll know the answers in short order.

Best, Joe



To: lakers17 who wrote (10030)11/18/1998 10:28:00 PM
From: REW  Read Replies (2) | Respond to of 44908
 
Lakers,

As was explained to me a couple of weeks ago, both time and share price are involved. This minimizes the potential dilution as long as the marketing plan kicks in. From what has been determined by the DD we have done, the potential of a substantial increase in stock value is highly probable.

The example I gave before is easily repeatable.

The 2,500,000 is tied to a future stock price not yet printed for us. It was to be 3-5 months. At that predetermined date the stock price will be divided into the amount utilized to determine the number of shares given. If all is used and the stock is at 2.50 then we have 1 million dilution. If the stock is at 5.00 then 1/2 million.

With the growth anticipated and assuming the total amount is sold immediately, the bump in the system should be minimal at that point.

I think the outlook is so rosey the shares should be held for a greater return and the likelyhood of those shares becoming active would be minimal. After all investors usually like to maximize their investment return.

I hope this helps and the terms are still as they were explained to and understood by me.

Bob