SI
SI
discoversearch

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


To: BigAppleBoy who wrote (10324)11/21/1998 3:46:00 PM
From: David Sirk  Read Replies (1) | Respond to of 44908
 
But I do remember all the BuZZ about KTEL. One would think that with such a rapid rise people would have look to this stock hoping for a coat tail effect. I bought into a little know penny NETZ right before the Double Click IPO. A week later NETZ was trading at $1.35 NETZ turned out to be a scam. I'm just using this anology as a way to understand what has been going on with this stock. From what DD that I have read TSIG should be the LEADER in CD sale technology. Is it just because KTEL beat them to the Punch with ADS? Is that why we are trading under .30?



To: BigAppleBoy who wrote (10324)11/21/1998 5:40:00 PM
From: Dixie7777  Read Replies (1) | Respond to of 44908
 
Just to keep the record straight. Try not to make statements that have no merit.

K-Tel International, Inc. EQUITY, OFFICERS & ADDRESS

Common Stock $.01 Par, 6/98, 15M auth., 8,316,668 issd.
Insiders own approx. 77% (of which Philip Kives owns 72%).
Stock Issued 10/85 per court approved Plan of Arrangement
under Chapter XI bankruptcy proceedings. Basis: 5 shares
Common (new) for every 100 shares (old). (As of 6/98) ST
debt: $1M @ Prime; LT debt: $7.9M @ variable rate.