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

To: Martin E. Frankel who wrote (18813)	3/4/1999 1:46:00 AM
From: flyfar	Respond to of 44908

Marty--Thanks for the further clarification, it finally put this issue to rest. I sure would hate to see another day where we drop 3 cents and the thread becomes unnecessarily defensive and, at times, seemingly verging on panic. Obviously just another bump in the road for us longs...which will probably be long forgotten by next week! The authorized shares are up, but definitely not corresponding to the increased potential. I am confident that Mr. Swordsman, with his masterful blend of one fact and countless speculative crap will probably fall on his sword shortly. What a difference a day makes on this thread -- think maybe TSIG should consider a MYPROZACARD for the threadmemebers. Thanks again. Regards, fly

To: Martin E. Frankel who wrote (18813)	3/4/1999 7:17:00 AM
From: The Swordsman	Read Replies (1) \| Respond to of 44908

Dr. Frankel, Your calm and reassuring voice is always appreciated. It must be acknowledged that yesterday's revelation about a 60% dilution since just October is a sobering fact. Especially given the fact that it's been said before that TSIG would only use only a fraction of the full $10,000,000 PP. If anyone calls a company's transfer agent and the agent says 100,000,000 shares have been *issued* that is the share count that will operate as a valuation tool. Period!! Shares that have been purchased back from the float because of corporate strength are usually placed back in the treasury and removed from the valuation process. Because of this I am led to believe therefore that shares that are in the treasury, are *not issued.* Your statement below… Just spent quite some time on the phone with Rob Gordon and I will keep this as brief as possible. The information Bob (REW) has posted on the thread regarding today's "revelation" is completely accurate and valid. None of the "new" stock is registered. None of it can be sold or traded (even privately without being stamped as (unregistered). The increase to 90 million shares being issued and held in escrow (I repeat... held in escrow) was a requirement of the PP agreement and only about 2 million shares have been actually been given to the PP people. By contract, the stock is unregistered, and cannot and will not be registered for many, many months and then the number of shares given will be determined by the price of TSIG stock at the time. This is unregistered Treasury stock... period. This is fact! So in order for full clarification, let me ask you the following; Are you saying that when stock resides in the corporate treasury, it is still issued? Are you saying that when stock that has not been registered and is in the corporate treasury is also still issued. If these facts as you have called them are accurate, how can any shareholder of any corporation get an accurate tally of *issued* shares so as to compute the value of their shares in that corporation. Taken a step further are you saying that these special issued shares are calculated in the EPS figures of say a Microsoft or Amazon, or Intel and so on. And if this is the case why isn't there another category of stock referred to when EPS are posted quarterly by these and other companies. I believe that I fully understand the difference between EPS and fully diluted EPS but I've never heard of an *issued* share not being in the basic EPS projection. Also, please clarify if you will why Sam's *issued* figures directly from the TA fail to show a 24,000,000 share increase for any of the *one month* periods quoted. Instead the TA's issued figures grow incrementally in much smaller quantities, and even begin their significant rise well before the actual announcement of the Private Placement. These facts as you call them appear to have equally factual information, verifiable from a disinterested third party, which places your facts in serious question. There are more questions, (I'd like to get better acquainted with the term applied here to these shares held in escrow since it's a term that has at best a checkered past when it comes to the last PP that turned out to be such a fiasco, and is now in court with everyone suing everybody else),but if you would be so kind to tackle these I would be very appreciative. These are sincere questions and the answers to date from yourself and from RG leave much to be desired. sword

To: Martin E. Frankel who wrote (18813)	3/4/1999 9:38:00 AM
From: V$gas.Com	Read Replies (1) \| Respond to of 44908

To: dcy (18728 ) From: Martin E. Frankel Thursday, Mar 4 1999 12:58AM ET Reply # of 18867 dcy and ALL, Just spent quite some time on the phone with Rob Gordon and I will keep this as brief as possible. The information Bob (REW) has posted on the thread regarding today's "revelation" is completely accurate and valid. None of the "new" stock is registered. None of it can be sold or traded (even privately without being stamped as (unregistered). The increase to 90 million shares being issued and held in escrow (I repeat... held in escrow) was a requirement of the PP agreement and only about 2 million shares have been actually been given to the PP people. By contract, the stock is unregistered, and cannot and will not be registered for many, many months and then the number of shares given will be determined by the price of TSIG stock at the time. This is unregistered Treasury stock... period. This is fact! I was incorrect in one of my earlier "possibilities" today. Upper management (the new super team) was not given stock outright. They were granted options similar to TSIG's President James Guild and these options only vest on a monthly basis. None have been sold. This is fact! Rob Gordon has never once lied to me or mislead me in any way. He is a sharp businessperson and a great dealmaker... and that is perhaps one of the reasons I feel so strongly about TSIG's future. The proof of the pudding is what he has done for TSIG in such a short time period... assembling a fantastic management team, developing a phenomenal and unique marketing plan, starting to execute alliances, etc., etc.. How quickly people forget! That is fact! Those who wish to believe the distortion of facts being spewed on the threads are certainly free to do so, but please don't come back and cry when more and more PRs are coming out. The only think "factual" is that 90 million shares have been issued... but I repeat, the increase in shares was a contractual requirement, the "new" stock is in escrow and only about 2 million have been given to the PP holders, and, most importantly, none of the "new" stock is registered and hence cannot be sold... not only because it is unregistered, but also the contract with the PP "people" does not permit it to be sold for many, many months from now when, IMO, the stock price will be significantly higher... and that includes the 2 million shares they (the PP "people") have already received. These are facts! Be Right!!!... Sit Tight!!! And that is my opinion based on fact! And for those who cannot understand and choose to sell... well, have a nice weekend. And one other thing... this is NOT a floorless convertible! I am here for the duration... actually in perpetuity. Best always, Marty Next Previous