Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: dennis foster who wrote (20710)	3/17/1999 7:51:00 PM
From: Ditchdigger	Read Replies (2) \| Respond to of 44908

Does this mean they already burned through all the earlier registered option shares?(I thought they already registered 40mm in previous S8's filed,need to double check this number)..Not the S8 I expected, still waiting for the big one for the convertible debenture.Have to see if these(option shares) are included in the upcoming 10K (I wouldn't think they would be).We'll have to read the share structure closely to see if they're included..DD

To: dennis foster who wrote (20710)	3/17/1999 7:55:00 PM
From: Andrew H	Read Replies (2) \| Respond to of 44908

It appears that another 7.5M shares have been registered in accordance with the employee's option plan. These will be added to the shares OS. I guess the good news is that TSIG must be pretty near its limit of 100M shares and cannot issue many more without permission to change the number of shares it is allowed to issue. I understand that permision can be obtained without too much trouble. The number of outstanding shares is getting pretty high IMO, despite the fact that some may have been issued as colateral for the PP and may not be converted. What was the previous count? About 90M? At some point this dilution has got to stop. I am getting seriously concerned. Does anyone know of an OTCBB stock with 100M shares OS that ever made it to a listed exchange? I hope TSIG will be the first. They have a great business plan and excellent management, but now a price of 2 will mean a market cap of nearly 200M.