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

To: The Swordsman who wrote (27674)5/7/1999 4:20:00 PM
From: Ditchdigger  Read Replies (2) | Respond to of 44908
 
Ouch!!..Doesn't take much to remove the varnish on this $3.00 gloss job,( "For example, if TSIG.com's stock were trading at $3.00 and the debentures were convertible at a 30% discount, then the company would have to issue approximately 2.5 million shares (and not 49 million) for a financing of $5.2 million. ") to arrive at FLOORLESS CONVERTIBLE.Nice timing,dropping this After close on Friday...DD



To: The Swordsman who wrote (27674)5/7/1999 5:43:00 PM
From: Michael E. Baldino  Read Replies (3) | Respond to of 44908
 
"" To increase the number of authorized shares requires shareholder approval. The company is considering calling a special shareholders' meeting to do this before it has issued all the authorized shares.""

What happens if we say NO!! ?????


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