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


To: Sam LBI nj who wrote (22410)3/29/1999 11:13:00 AM
From: V$gas.Com  Read Replies (1) | Respond to of 44908
 
So you believe that TSIG would do that to their PP people? Let them short the stock and then bury them? Yeah, that makes sense.



To: Sam LBI nj who wrote (22410)3/29/1999 11:52:00 AM
From: The Swordsman  Read Replies (1) | Respond to of 44908
 
Bad news **** Good News.. at the bottom.

It takes no effort to see that the so-called money people in the form of the latest PP have a decided interest in keeping the price low for an extraordinary high yield of common shares upon their at-will conversion timing.

The formula for this PP, a highly desired piece of DD, previously been told to all of us by one of our lead posters that it's been filed and supposedly to him by a company officer, probably needs not to released due to conclusions that can be easily reached by the share price activity.

John Black, allegedly one of those money people, who has supposedly waxed fervently and openly about TSIG and its prospects, I suggest has a high degree of motivation to sell (short) a portion of the expected high yield of common shares into the float prior to their actual conversion. Keep in mind he/they will actually receive the proceeds, ($$$) of these short sales long before the actual conversion. This actually pays them back for their loan even before the actual conversion takes place. And while there is always a great risk, heh heh, the rewards are very seductive. And in every seduction you all know of course that someone gets screwed. Any guesses who gets it?

I have some questions. If memory serves me right there was much discussion here on the thread about the endless delays in finalizing the PP. It apparently had something to do with the actual escrowing of these newly issued common shares and in whose possession the shares would reside. A lawyer for the opposing side? My question is... Where are the shares in question currently residing? Do they have restricted "Legends" attached? Have they or some of them been pledged to an account for shorting purposes? Did TSIG write the PP in such a way so as to prevent this from happening?

If the shares have been issued in advance of the conversion, why do we now have 10,000,000 new preferred shares outstanding when you call for info from the TA?

Last question; this PP appears to be a bust with regards to what we've been told about its mechanics and what appears to be happening. The previous PP WAS a bust as is evidenced by the last 10K filing and the ensuing lawsuits and counter suits claiming illegal shorting to force a technical default and thus a major dilution. Although the marketing plan is still solid TSIG.Com may need more time to produce revenue unless the Babe deal has begun to produce. If it hasn't I wouldn't doubt for one minute that a major effort is under way to bring in additional funding.

My question... is there any reason to believe that another revenue attempt will bring different results? Probably NOT. Do we have any common "denominators" here? Read... "people".

Sword.Com

PS:(Good News)

What will happen if TSIG makes a money announcement after the black side is in for 2 or 3 large on the short side? Does TSIG.Com have the exclusive option to pay off the PP in cash with an interest rate prior to conversion.

What would happen to TSIG.com if the black side was forced to cover in non-conversion, purchased on the open market shares?

Just some thoughts.