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

To: The Swordsman who wrote (28269)	5/16/1999 1:13:00 PM
From: Suzanne Newsome	Read Replies (2) \| Respond to of 44908

"Special resale restrictions may, however, apply to officers, directors, control shareholders and affiliates of the Company and such individuals or entities will be required to obtain an opinion of counsel as regards their ability to resell shares received pursuant to this Plan." Sword, I believe management would have to register their intent to sell. However, if lower level employees were granted options, not only would they not have to register, but they may not be able to hold out for larger gains even if they believed it was going to happen. If a lower level employee were facing a financial emergency and had been granted options in place of part of their salary, they may not be able to hold out for greater gains. I do believe that Gordon's statement that Canadians are shorting has validity if there are people who target companies with floorless debentures. Information on the short position in this stock would give us some clues. Regards, Suzanne