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

To: findstock who wrote (19831)	3/10/1999 5:43:00 PM
From: REW	Read Replies (1) \| Respond to of 44908

*FOLLOWUP* This is the followup concerning the share count. Paul Henry almost daily calls the securities council to verify the proper disclosure of information. First the numbers are not publicly available as to the division of who got what when. There are 17m shares held in escrow to back the PP. When the conversion takes place the shares left over go back to the treasury. The rest were issued to cover a variety of items. Emloyment contract agreements - locked up and not in the float Prior loans to the company conversions - restricted options exercises which convert into freely trading shares in the float It would apear the float didn't increase by more than 4-5 million shares. The 10K will report the shares when released. It will be released as early as Mar 31 and as late as Apr 15. The description of the PP should also be in it. The first quarter is due to be released May 15. Any questions should be directed to Paul Henry and not speculated upon. He has given all the information he can for now.