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

To: Alan Coccio who wrote (9587)	12/12/1998 5:31:00 PM
From: MB	Read Replies (4) \| Respond to of 10903

Another $500,000 in recent C/D's that we were never aware of: I was under the impression that July 10th was the last one done. Apparently not! Why the @#$% wasn't this @#$% disclosed in the "Subsequent Events" section of their Year-End Filing??? On September 22, 1998 the Registrant sold to Fetu Holdings 6% convertible debentures due September 22, 2000 in the aggregate principal amount of $200,000. Warrants to purchase 87,720 shares of Common Stock exercisable at the price of $.432 through September 22, 2000, were also issued. The debentures and warrants were issued in reliance upon the exemption from registration provided by Section 4(2) of the Act and Rule 506 of Regulation D. On October 6, 1998, the Registrant sold 6% Convertible Debentures, due October 6, 2000, in the aggregate principal amount of $100,000 and issued warrants to purchase 55,556 shares of Common Stock for gross proceeds of $100,000 to: Canadian Advantage LP ($25,000); Dominion Capital Fund ($25,000); Fetu Holdings ($25,000); and Advantage Bermuda Fund ($25,000). Each of the above were also issued warrants to purchase 13,020 shares of Common Stock at $.384 per share through October 6, 2000. On November 18, 1998, the Registrant sold 6% Convertible Debentures, due November 18, 2000, in the aggregate principal amount of $200,000 and issued warrants to purchase 101,010 shares of Common Stock for gross proceeds of $200,000 to: Canadian Advantage LP ($50,000); Dominion Capital Fund ($50,000); Fetu Holdings ($50,000); and Advantage Bermuda Fund ($50,000). Each of the above were also issued warrants to purchase 26,881 shares of Common Stock at $.372 per share through November 18, 2000.

To: Alan Coccio who wrote (9587)	12/12/1998 10:37:00 PM
From: Rick Voteau	Read Replies (1) \| Respond to of 10903

If the stock is in street name it counts as one holder regardless of how many holders are holding it at that particular broker. The stock is $.40 and has always been risky from a balanvce sheet standpoint. With a few big boys keeping this afloat, I doubt if it will go under and I bet it will have at least one more big run and maybe more. One large contract which is possible and we hit $2 in a few weeks even with 25 million shares outstanding.