To: REW who wrote (18981 ) 3/4/1999 6:26:00 PM From: ztect Read Replies (2) | Respond to of 44908
Rew............. My understanding of TSIG's business plan is that there will also be growth through targeted acquisition. The COmpactConnection deal that was canceled due to the improprieties of Compact Connection was one of these deals. This particular acquisition was to be funded by shares. Had the deal gone through as planned, revenues generated from the deal would have more than offset the cost of shares issued. Not that Gordon would reveal targeted acquisitions, but did you get the sense that he was working on many? For companies nowadays and those especially in the Internet sector GROW largely through acquisitions. Acquisitions are funded ie. "purchased" with issued shares. Depending on the ambitions of the company, the number of shares outstanding may be nothing more than an indication of future growth capacity. Talk of a reverse split is sheer lunacy. Now as for the terms of the 'PP', aside from the disparities and how these issues have here been revealed, the terms appear to be favorable. However, there also appear to be benefactors if the stock price can be kept low. Though from the TSIG's perspective there is a tremendous amount of incentive to minimize unnecessary dilution (by doing whatever it can do to raise share price), since new shares authorized would be better spent acquiring other companies rather than paying the holders of the private placement. As for our manic depressive swordsidiot who was unable to get his prescription of lithium filled, this poster's manic (praising) and then depressive (bashing) methods are pretty transparent. Any one who has participated on SI knows the methodology of some one who sells his position after a short run, and then dumps on the stock he was just praising to buy back in at a lower share price. As soon as he buys back in, he'll shut up and start his cycle all over again. Personally when the sword-dementia completes this bi-polar cycle, I will not welcome him back when he becomes manic again. He has violated everyone's trust here on this board by so adamantly and repetitively posting the same point without adding anything to the thread's dialogue except for a self-serving 'SPIN'........... This self inflicted fencer has only impaled his own credibility and deserves to forever castigated and shunned as long as he continues to participate on this thread either FOR or against. Sincerely, ztect