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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: ztect who wrote (10230)11/20/1998 5:37:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 44908
 
<$10 million private
placement of convertible debentures through Grady, Hatch & Company, a New York
based investment firm.> Because it says convertible debenture--convertible means, convertible into stock...DD
PS: z, your OK in my book, I just think everyone needs to be aware of a worse case scenario...And I should acknowledge the chances of success. But history shows abuse, both generally and company specific..I think someone posted the legal actions...good luck,also on the East coast<g>..good night<g>



To: ztect who wrote (10230)11/20/1998 5:41:00 AM
From: Ditchdigger  Read Replies (1) | Respond to of 44908
 
z, good find..we may not see the appropriate filing
"the Company anticipates that it may need to raise additional
funds through subsequent private placements which will be exempt from
registration."
"Which will be exempt from registration" RED FLAG again...DD


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