SI
SI
discoversearch

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: Ditchdigger who wrote (23086)4/1/1999 8:22:00 PM
From: secureit  Read Replies (1) | Respond to of 44908
 
Ditchdigger; IMO this stock has been held down for a reason. I think I know the reason now.



To: Ditchdigger who wrote (23086)4/1/1999 8:32:00 PM
From: MskiHntr  Read Replies (2) | Respond to of 44908
 
Ditch, yes there is a hell of a lot more stock out there but it is not in the public float. Officers and family members have 42,655,985 shares in total per Item 11 pg 17 of the 10KSB.

That's a huge percentage. If what we're all supposing, that the PP is and will be the ruin and damnation of the company, then there's 42,655,985 shares I'm glad I don't own.

But these shares amounts, especially, in Gordon's case have grown because he has forgone getting the money back that he lent to the corporation and opted to take shares instead of dollars. It seems to me that if I was a concerned shareholder I would rather have the dollars in the hand as opposed to so many birdies in the bush. But Gordon apparently likes birds.

He alone is long 40, 723, 950.

Why would he want to kill the goose? The company doesn't have any potential?



To: Ditchdigger who wrote (23086)4/2/1999 8:16:00 AM
From: Ellen  Read Replies (1) | Respond to of 44908
 
it's difficult for the stock price to keep up with that pace of dilution,IMO

What's the possible maximum?

Has anyone else noticed this from the 10K? We are no longer at 100M authorized. It's risen to 114M.


Stockholders' (deficit):
Preferred stock, $.001 par value
10,000,000 shares authorized
None issued and outstanding (Note 9)
Common stock, $.0001 par value,
114,000,000 shares authorized,
64,971,638 shares issued and outstanding 6,498
Additional paid-in capital 30,002,411
Treasury Stock, 13,130 shares at cost (125,000)
Accumulated (deficit) (37,888,635)
------------
Total stockholders' (deficit) (8,004,726)
------------
Total liabilities and stockholders' (deficit) $ 1,207,534