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

To: Ellen who wrote (27361)	5/4/1999 6:15:00 PM
From: The Swordsman	Read Replies (1) \| Respond to of 44908

Ellen you're incredible. Love the speed at which you find and retrieve this stuff. Last time we spoke to them, last week, they only knew the number outstanding... issued. Least that's what was told to the person that called. The company has 17,000,000 shares already in escrow for the PP as per the written terms of the PP. These *2,000,000 newly issued shares over just the past 2 weeks* should not be for the PP. Anything's possible but highly doubtful. (Call Corporate Stock Transfer Inc, 303-595-3300 and keep a regular tab on these shares yourself.) Interesting to note that most if not all of Mr. Gordon's options up to the filing of the 10K appear to have been exercised. Further to that, his ownership of shares, not just options that would relate to beneficial ownership, *NOW* appears to be less than the robust total of exercised options from just last year. Sold some/most of 'em I guess. And I like the re-pricing of the options *downward* part the best. As Mr. Gordon's performance lags and the share price follows, he makes a quick fix by fiat, quickly re-prices his options from $0.30 to $0.20 and then to $0.15, finally converts at $0.15, sells into the float at $0.50 causing more dilution, and pockets the difference. (Has anyone asked the question as to why the company didn't sell one third the shares directly into the float to raise capital, thus causing 2/3rds less dilution and thereby maybe never needing the further dilutive effect of the PP with Vinny & Vito?) Love to hear a rational answer to that one! I have one... "I needed $5,000,000 profit in order to re-loan it to the company so that I would be able to exchange the money for more $0.15 options and cause further dilution." LOL For god's sake folks, what incentive does an operating executive have to make the company successful for the public shareholders if all he has to do to personally make a profit is to reprice the coin of the realm lower to himself, and sell it at higher prices to the subjects... us the shareholders? Wouldn't be so bad except none of this information is in the public domain until 4 or 7 months *after the fact.* Just what does the future hold with such egregious behavior? Successful execution or not. And let's face facts, when the few customers that the company has cannot get their merchandise within a reasonable few days and then there are lame excuses on top of lame excuses,(I especially liked the one about the guy at Valley getting married,) and its the 3rd or 4th time its happened in the past year, how do you define successful execution? Just read this thread. All this information is right here along with the public filings. I couldn't make this up if I tried. Good luck Dr. Frankel. We sincerely await the results of REW's and the shareholders efforts on your behalf. Anyone sincerely interested in the plan and wants to stay long I think we/you can learn enough about these SEC filings to feel very secure in whatever decision you might make after their respective evaluation. Fold, Hold or Lunge. PM me and I'll put you on the update list. SC