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: Katt-000 who wrote (27343)5/4/1999 4:27:00 PM
From: Ellen  Respond to of 44908
 
I agree.

And have previously expressed these same concerns.

This company is obviously (to me) trying to build something very solid, but the share issue(s) remain and should not be ignored, IMHO.



To: Katt-000 who wrote (27343)5/4/1999 4:46:00 PM
From: The Swordsman  Read Replies (1) | Respond to of 44908
 
Katt-000

Your post could very well be above Sword.Com. Besides other feelings I am entirely with your sentiments. However, there are methods to acquire knowledge about these issues.

O.K., I think everyone understands that the shares have not been issued to him, just available if need be. Are they available at his discretion, at $.15 and eligible to go into the float whenever...?? In answer to your question... apparently yes!

How do we know when he chooses to exercise the terms of the loan?
It appears that we will always find out... anywhere's from 30 days to 4 months after the fact. Nice program, eh? NOT... for the shareholders.

That is a big chunk of shares sitting there. I do realize that the initial start up is a tremendous feat but this potential dilution is a major concern that shouldn't be glossed over.
Katt, unfortunately this is no longer a start-up. The original start-up or premise if you will has already failed. In fact the VSI portion, which was the original entity formed by Mr. Gordon long before, (actually more than a year before, kind of like an escape pod,) his hasty departure from Phoenix, and then used as a shell into which the new entity TSIG was reverse merged, just declared Chapter 7. TSIG in its present iteration is into its 2nd, 3rd or 4th grand plan, depending upon how you might define the various plans, which by the way I happen to also believe in, but is no longer a start-up. It's a turnaround. Another chance to sell mongo shares to the public, all of us, at 2 to 3 times the price Mr. Gordon rigs his comp plan to have him pay $0.15 per share. Just before he has the opportunity to resell to us at $0.52/47/44/40/38/35/33/325 etc.

Please don't call me or anyone else a basher for being concerned about this.
Funny, I say the same thing but the rabid dilution fans here on the thread just don't want a constructive analysis of this aspect of TSIG.
The selling continues and I have a hard time believing that people are having that much fun daytrading this stock.

I am responsible for my decision to hold and hold I will, despite my concerns of further dilution...but I don't think this issue has been clarified properly.


PM me and join the group waiting in the wings re the decision about a new board member to proactively acquire professional assistance in understanding what all this means and then being able to better make a decision about whether to hold, fold or lunge.

Sword.Com