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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: John S. Baker who wrote (5709)	4/4/1999 6:19:00 AM
From: Breeze1	Respond to of 6931

Skip, I must agree with John that reading the report(provided by someone at TSIS) and then purchasing stock is risky. Since you have inside access... can you confirm that TSIS has (past tense) filed for fully reporting status? If not, your being provided this report and the failure of TSIS to live up to it's commitments, is why the stock price is so low. At some point the stock holders have legal recourse against Management for not doing the basics of increasing share holder value.

To: John S. Baker who wrote (5709)	4/4/1999 11:34:00 AM
From: Loren S.	Read Replies (1) \| Respond to of 6931

<<It matters not a whit how long you have or have not been buying this stock. What matters is whether you buy or sell any shares after having been given information which has not been released to the general public.>> Insider information rules have baffled me. In Skip's specific case, it may appear more clear than most. But how does the statement above apply to so much of what goes on in the OTC-BB world, especially on SI and other internet communication? If you folks are like me, you are receiving e mails all the time from stock pickers telling me (us) news is coming out soon, such and such a company has landed a huge contract, etc. Then there is the whole question of dd. Everyone on these stock boards says do your dd before buying. So you call the company and get an update on stuff that has not yet been released in a pr. It happens all the time on this TSIS board. We find out about all these deals that TSIS isn't even allowed to release in a pr. If we buy the stock based on this information, are we violating the insider information rules? Most of us don't want to break the law. But the law is quite confusing when it comes to insider information.