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


To: Martin E. Frankel who wrote (23202)4/2/1999 6:14:00 AM
From: Ditchdigger  Respond to of 44908
 
<you will see there is a floor > Sorry Martin,I see no floor..I see shares that are escrowed, based on an estimate using 10 cents, for calculation purposes...certainly no floor..I don't want anyone to misunderstand,there is no floor.The debs conversion is based on the 5 days previous closing price, prior to conversion W/a 30% discount to that price..DD



To: Martin E. Frankel who wrote (23202)4/2/1999 6:23:00 AM
From: Ditchdigger  Read Replies (2) | Respond to of 44908
 
<They then have the thrill of owning a lot of stock of nothing.> Holding "nothing" or "something" they still can make a quick 30%($300 grand on a 1MM investment) profit on conversion...regardless of the stock price..later.DD
PS: it appears so far,my Janus Global tech fund (JAGTX) would have been a better investment for them <g> it's up 32% YTD..heck JAOLX and JAVLX are up 24%(and there even no load<g>) YTD..



To: Martin E. Frankel who wrote (23202)4/2/1999 9:03:00 AM
From: peacelover  Respond to of 44908
 
Marty,

Thanks!

Have a safe and pleasant trip to St. Pete and back!

Well, I hope all of you can ask your questions now so that you can get your answers by next week. PLEASE STOP HITTING THE PANIC BUTTON FOR NOTHING!!! At least, calm down until Marty comes back and fills you in on the tids and bits of the whole situation. For those of you who have sold, I think you will regret it. For those of you who can afford to buy, you couldn't be in a better position than now. I just wish I didn't buy last week, but it is o.k. Peace and good luck to all of you.

peacelover



To: Martin E. Frankel who wrote (23202)4/2/1999 9:13:00 AM
From: LadyTrader  Read Replies (1) | Respond to of 44908
 
Marty: Many thanks again. Have a great trip and I will be eagerly awaiting your return. Happy Easter!

Sitting Tight,
Anna



To: Martin E. Frankel who wrote (23202)4/2/1999 9:24:00 AM
From: Jazzbo  Read Replies (1) | Respond to of 44908
 
ST. Pete Questions:

1. Perhaps not answerable, but certainly askable: Does RG have any clear indication of Grady & Hatch's intent toward TSIG.com, harmful or benevolent, and if benevolent, will G & H reduce their intentions to writing, for the benefit of TSIG.com shareholders?

Thanks, Tim

PS: Perhaps others can cut and paste their questions onto one post so Marty need not review all posts.



To: Martin E. Frankel who wrote (23202)4/2/1999 10:01:00 AM
From: REW  Read Replies (1) | Respond to of 44908
 
MARTY AND ALL

Thanks Marty for the response to the activity that has taken place with the investors this past day. I appreciate your concern for the investors and the visit to the home office you are going to make in order to first hand get the answers to the burning questions of the true investors. There should be results that will quell most of those concerns.

I have watched the responses and concerns of those here and understand wanting to clear up the filed document. There are a few interlopers that have come with the only agenda of causing increased doubts with out trying to seek out any information as to why and to what purpose the financing was obtained. Their only purpose is to bring the absolute worst picture to the table and try to convince us these are the expected results to be expected.

As Paul Henry explained to me yesterday at about the close of the market, the purpose of a financial is be sure if everything goes wrong the investors are warned of it. It is to show every risk and not necessarily to show the good stuff. Well you all saw it. As of Dec 31 1998 TSIG did not look good.

There is a reason I get the negativities thrown at me by those folks and that is due to my DD being for the future of TSIG.com. I can take it and deal with it. I will continue to strive for the forward picture and report it to those interested as I feel this is the primary function of this forum. Those who wish to attempt to destroy the reasons for your decisions to invest in TSIG.com also have that privilege. I happen to have the feeling and belief there will soon be happenings that will negate the prior decisions by this company made to remain in business and cause the happenings that will bring this company forward.

I have been told the PP investors have not pressed to have the filings done that would initiate the conversions. Why? Don't you think they should be banging at the gate to get that done? I have also been told the PP investors, all or in part, would probably not be adverse to being taken out early as long as the return on their investment is reasonable. This would become a viable event if there is advantageous other financing made available, revenue becomes great enough to cause that offering, or a strategic investor becomes available.

For those questioning this investment due to the prior committments made by TSIG.com and now exposed with the filed documents, relook at the probable future of this company. It is appearing more certain as the days, weeks, and months come and go. Evacuating your position to attempt a better investment source may be a decision that will weigh on your mind in the near future. There just might be bigger things going on than any here realize.

Always be cautious of those bringing information of any kind and attempt to find a middle ground. That is why I have tried to maintain a multiple source of information. The thoughts I have brought here are my conjectures for the forward movement and happenings of TSIG.com according to the information I can uncover and divulge married with those things known to have happened and the ability of the structural positioning and growth of TSIG.com to accomplish. That is what makes me more exposed for attack than others. It is easier to put down the forecaster than the historian even though there might be a basis in the forecast.

I will have no questions for Marty as I feel there will be enough responses and also he will be forthright enough to gather the information necessary to quell most doubts. I also have enough confidence in what I know is probably about to happen to rest comfortably with this investment. There is noone with information that could cause me to sell.

As always

Bob




To: Martin E. Frankel who wrote (23202)4/2/1999 1:08:00 PM
From: Andrew H  Respond to of 44908
 
******ST PETE QUESTIONS*******

Marty, the biggest problem I am having here is a credibility problem. I want to know if management has been truthful in light of the previous statements. I have a couple of questions in regard to the following statements:

but also the contract with the PP "people" does not permit it to be sold for many, many months from now when, IMO, the stock price will be significantly higher... and that includes the 2 million shares they (the PP "people") have already received. These are facts!

Where is the language in the PP that states this. I have not found it yet. And what does "many, many months" mean? IMO, that would be at least 6 months. At what time can these shares be sold? As far as I can see from the PP, they have only received 525K shares--is that the case? Finally at what time can the shares be registered? From the PP it appears to me that can be done at any time now.

While this would not prevent the PP holders from shorting, it would prevent a lot of dumping and would say to me that shorting is less likely and that significant shorting would not be likely for quite some time yet.

Be Right!!!... Sit Tight!!! And that is my opinion based on fact! And for those who cannot understand and choose to sell... well, have a nice weekend. And one other thing... this is NOT a floorless convertible! I am here for the duration... actually in perpetuity.

If this is not a floorless, where in the PP is there a floor. It sure looks like a floorless to me.



To: Martin E. Frankel who wrote (23202)4/2/1999 2:10:00 PM
From: secureit  Respond to of 44908
 
Marty; wishing you and yours a wonderful holiday and vacation in ST. Pete. Looking forward to hearing all about our Tsig.com on your return.

All Good Regards;

Paul



To: Martin E. Frankel who wrote (23202)4/5/1999 12:43:00 AM
From: cicak  Read Replies (1) | Respond to of 44908
 
TO: Martin E. Frankel: St. Pete Questions (FINAL):

Regards,

phil.com

--------------------------------------------------------------------------------------------------------------

A) Grady & Hatch (specific questions): =====================================================================

1. Perhaps not answerable, but certainly askable: Does RG have any clear indication of Grady & Hatch's intent toward TSIG.com, harmful or benevolent, and if benevolent, will G & H reduce their intentions to writing, for the benefit of TSIG.com shareholders?

2. Which firm or firms does Grady & Hatch use for clearing their trades?

3. Will Grady & Hatch make their "back office" trading (clearing) records available if requested?

4. Are any of the principals of Grady & Hatch also pricipals to the PP?

5. Rumor has it that you can call Grady & Hatch and get directly in touch with the principal/s of the PP?

B) Private Placement (general): =====================================================================

1. How much of the PP money has been used till now?

2. Does the company anticipate needs for additional PP money?

3. How much of the PP contracts have been exercised till Now?

4. What is the total dilution as a result of exercised PPs?

5. from Marty: <<but also the contract with the PP "people" does not permit it to be sold for many, many months from now when, IMO, the stock price will be significantly higher... and that includes the 2 million shares they (the PP "people") have already received. These are
facts!>>

Question: Where is the language in the PP that states this. I have not found it yet. And what does "many, many months" mean? IMO, that would be at least 6 months. At what time can these shares be sold? As far as I can see from the PP, they have only received 525K shares--is that the case? Finally at what time can the shares be registered? From the PP it appears to me that can be done at any time now.

6. from Marty: <<Be Right!!!... Sit Tight!!! And that is my opinion based on fact! And for those who cannot understand and choose to sell... well, have a nice weekend. And one other thing... this
is NOT a floorless convertible! I am here for the duration... actually in perpetuity.>>

Question: If this is not a floorless, where in the PP is there a floor.

7. So far 1.5M of the PP has been used. Is it possible the company will not take any more? Can another source of financing be found since profitablity is supposedly so near? How will TSIG avoid the death spiral to which these sorts of convertibles often lead?

8. Is it a viable option to postpone the conversion by invoking the 2 1/2%/month clause?

9. Will the balance of the PP suffice to get to the point of positive cash flow or will there be more cash infusions required.

C) Outstanding Shares & Float - Restricted shares etc.: =====================================================================

1)What is the total outstanding shares as of today?

2)How many shares are restricted and for how long?

3)What is the current float today?

D) Shareholder Meeting: =====================================================================

When will there be a shareholder meeting?

E) Robert Gordon/Executive Compensation: ======================================================================

1. What great performance in your management of TSIG during 1998 justifies doubling your pay and granting you 5 Mm shares of the company?

After all, you reduced the sales by 50% only while the losses have been reduced by only 30%

2. Will you voluntarily reduce your pay back to the level of 1998 until you show you can indeed grow the top line as your intentions indicates and stop shipping a $1 dollar product wrapped with a $12 dollar bill (roughly the performance of last year, the year before you
managed to wrap those sales a little less costly, each dollar of sales was wrapped with a $9 bill).

3. What justifies establishing options plans of 47.5 MM shares for a company which had only 30 MM shares at the beginning of 1998, is there a model of any other company where such a ratio is practiced?

4. What is the distribution of these 47.5 MM shares between the various executive of the company, how many of these options were actually granted so far, and does this number include the 30 MM shares or so exercised last year.

5. What is the status and intention regarding the 41M shares/options RG holds.

6. In light of the fact that to date TSIG has not been profitable, how is the huge salary increase for Rob Gordon justified?

7. Would Rob Gordon consider waiving this salary increase until after TSIG becomes profitable? Pay for performance?

F) Reverse Split: ======================================================================

1) What is the likelihood of a reverse split?

G) Good new coming ??: :~) ======================================================================

1. Is there significant good news coming which might raise the stock price?

H) Paul W. Henry: ======================================================================

1. Is Paul Henry the same Paul Henry that was mentioned on this thread earlier that had problems with the SEC? And if so, can we have an explanation of the facts surrounding the case?

I) Insider selling/buying: ======================================================================
1. Please explain the 144 filings for the sale of stock by insiders. Who has sold, and how much?

2. Why are there no filings for insiders to buy stock if they feel TSIG is undervalued?

J) Burn rate:
=====================================================================
1. What is the current monthly burn rate.

K) Break Even for TSIG:
=====================================================================
1. According to the current business plan, what sales level will bring a "break even" situation.

2. When is that breakeven expected to happen.

L) Gross Margins: =====================================================================

1. What gross margins are expected on let say the three major activities.

M) VSI:
=====================================================================
1. It seems that the filing under bankruptcy of one of the divisions leaves TSIG with residual liabilities (particularly IRS), what is the size of these potential liabilities.

N) Accrued liabilities:
======================================================================
1. How fast does TSIG need to payback the $6 MM in accrued liabilities (as of Dec 31, 1998).