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

To: Andrew H who wrote (27706)	5/7/1999 7:24:00 PM
From: Patricia Trinchero	Read Replies (1) \| Respond to of 44908

possibly cash

To: Andrew H who wrote (27706)	5/7/1999 9:03:00 PM
From: Redman	Read Replies (1) \| Respond to of 44908

The bondholders will convert into these newly registered shares. But, my point being there is a VERY big difference between registering shares and issuing shares. The company will not issue the shares until the bondholders convert. I see no reason in the world for the bondholder to convert anytime soon, unless they want the ultimate risk/return. The bondholders will remain a debtor to the company until they feel TSIG is on its way up, then they will convert. I would much rather be a lienholder than a stockholder right now, But who knows what is around the corner. Red