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

To: Andrew H who wrote (15945)	1/28/1999 2:48:00 PM
From: FREAKAZOID	Respond to of 44908

Just one more thing. TSIG has nothing to hide about the PP question. We will all benefit from what TSIG is doing as far as the business is concerned. The shares in question for those who own them are certainly available for sale, but no one on the inside would sell at this point. Every one who knows anything about the Co. and what the share price could and should and proabably will be in the future will hang on to their shares for dear life.(MO gathered from conversation with PH). We are honestly on to something big with TSIG, just think in the near future most of us on this thread will be millionaires..at that point we should start a new thread "Thanks a MILLION(s) TSIG" freak!! P.S I told you it was time for a "Ditch Slap"

To: Andrew H who wrote (15945)	1/28/1999 2:51:00 PM
From: FREAKAZOID	Respond to of 44908

No competition to Baldy but what about a long term contest? end of 1st quarter... end of second quarter... end of third quarter... year end... winner of three out of four, wins a valuable prize to be named later freak!!

To: Andrew H who wrote (15945)	1/28/1999 2:54:00 PM
From: The Swordsman	Read Replies (1) \| Respond to of 44908

If the PP has a ceiling on the price, as well as a floor, the PP investor has much to gain if the company has explosive potential. Which means that not only do they get the 30% discount but everything between the ceiling price in the formula and the new and improved very high trading price. Let's say that the price was to go to $50. Let's also say that the ceiling price is $3. At a 30% discount the PP investors could convert to a multiple of common based upon share value of $3 less 30% which equals $2.10 then used as a divisor into the amount of money in question. Let's say at that point $2,100,000, which in turn equals 1,000,000 shares. Ordinarily this would be nice, still would be better if the share price was lower because the common yield would be higher, but if the share price is $50 that would not be anywhere's near as good. Because the investor would now have 1,000,000 shares worth $50,000,000 for a 2.1 million dollar risk. The incentive for the PP investor in this circumstance is to allow the price to float to its maximum potential. Maybe even bring some business to the company during the process. The question is, is TSIG a potentially explosive situation. I think so. But I would still like to see the goddam PP formula. sword

To: Andrew H who wrote (15945)	1/28/1999 3:01:00 PM
From: Ditchdigger	Read Replies (1) \| Respond to of 44908

<actually DD is so stupid that when he said a 70% discount rate, he probably meant a 30% discount rate. > here is an example of a private placement...(no special filings-it's an 8 K) "On December 23, 1997, the Company initiated a placement of 12% Convertible Debentures Due December 31, 1998, with non-U.S. entities, in the amount of $175,000. This placement was arranged by Heyett Capital Ltd., which received a commission of 10% for its services. The terms of the conversion rights are such that the holder of these notes may convert all or a portion of the principal and interest due at any time after 45 days and before one year from the date of closing, into common stock of the Company at a conversion price for each share of Common Stock equal to the lower of (a) 65% of the five-day average closing bid price prior to closing; or (b) 65% of the closing bid price of the Common Stock for the date immediately preceding the date of receipt by the Company of notice of conversion; or (c) 65% of the five-day average closing bid price of the Common immediately preceding the date of receipt by the Company of notice of conversion, as reported by the National Association of Securities Dealers ("NASDAQ"). As of December 31, 1997, a total of $175,000 had been committed. This offering is concluded. edgar-online.com Do you see how the discount reads? 65% DD also notice the commission of 10% PS: now you tell me why the company can't put out a filing that comprises one page..