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

To: REW who wrote (23589)	4/3/1999 8:11:00 PM
From: Andrew H	Respond to of 44908

>>One item noone brings to the table is that there is no ceiling. That makes the conversion as TSIG becomes more successful and the stock rises continually less dilutive.<< The problem is that unless TSIG takes advantage of the 2 1/2%/month clause, the conversions can begin in earnest on April 15 as I read the filing. Thus, concerns about the floor ar far more imminent than those about the ceiling. If the PP holders think the company is a good investment, they will be likely to convert asap at as low a price as possible to get as many shares as they can. I sure hope that RG takes advantage of the 2.5% clause but that has its own dangers.