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


To: Patricia Trinchero who wrote (23724)4/4/1999 7:09:00 AM
From: Ditchdigger  Respond to of 44908
 
<Nothing wrong with that as their wives and families
usually have suffered while the person worked his butt off to make a successful business
venture.> Not in this case, remember his wife and brother have also received shares of stock in this company...kinda a family affair..
...........................
this needs to be reread by investors,IMO
"
From: Zeev Hed
Sunday, Apr 4 1999 1:30AM ET
Reply # of 23725

Ellen, I summed up the insiders sales from Yahoo.

biz.yahoo.com

A company with annual sales of about a million does not pay its chief $360,000. A
company that manages to lose $12 MM on such sales on top of $18 MM in the prior
year does not pay its chief $360,000. A company that has its main division file
bankruptcy does not pay its chief $360,000. That this bankruptcy still exposes TSIG to
potential liabilities is just another sign of inept management. That it attempted an
acquisition of another inept company (CCI) just to cancel it few month later, tells me
that the management is playing around and getting paid for it. It is not like he inherited a
disaster, he was at the helm all this time and now he is being fed another $10 MM to
waste on top of the $30 some millions wasted so far. If that was not enough, he has
been selling shares as recently as early this year (as if his pay is not sufficient).

When people buy the converted shares all what is done is taking money from public
investors fooled by all the big hyped possibilities and putting it in his personal pocket.
Guess how much dilution he will wring on his public share holders in three years if in one
years he diluted them by more than 50% (from less than 30 MM shares to about 65
MM shares.

He sold 550,000 shares last year and Michael Gordon, I presume a relative close to the
"table" sold another 250,000 shares last year.

It seems to be the private "feeding grounds" for the Gordons.

Zeev



To: Patricia Trinchero who wrote (23724)4/4/1999 8:16:00 AM
From: AVISHIR  Read Replies (1) | Respond to of 44908
 
Pat, I'm a long time lurker and very occasional poster. I've had the pleasure of email and phone conversations with Marty over the last month or so and look forward to his report next week...Notice how Ditchdigger took your response and tried to use it again as a forum for bashing AFTER it was shown that all those shares were not sold...As for ZEEV, his so called dd. and more "gentle" approach began to melt down in the wee hours revealing what I believe to be an aganda similar to the others that have become like a virus in the last two days...EVERYONE, use your common sense: Irregardless of what may or may not happen to this company ask yourselves one question: why would three individuals all show up at the same time as the 10K and spend days bashing away without having any personal interest in the stock..Give me a break...I may not be able to identify exactly what their motive is but their goal is certainly to try to lower the value of the stock. In G/H we have a reliable company that we can use for IR. In all the public announcements we have information that can be verified. Has anything happened to the company since January that gives you cause to worry??? I can't think of one...oh yes , as to the number of outstanding and authorized shares...who cares...they allow the business to proceed and the income that is projected justifies their exsistence. I suppose our friends will seek to buy in the low twenties and sell in the forties or fifties for a 100% profit...more power to them...the problem is they are thinking in pennies and I'm waiting for dollars..serious dollars JMHO....Happy Passover and Good Easter to all



To: Patricia Trinchero who wrote (23724)4/4/1999 10:10:00 AM
From: stock leader  Read Replies (1) | Respond to of 44908
 
Patricia,
TSIG looks bad---$1.2 million in assets but $9.2 million in liabilities....OUCH!!!!