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: Suzanne Newsome who wrote (28310)5/16/1999 11:43:00 PM
From: The Swordsman  Read Replies (1) | Respond to of 44908
 
I couldn't even begin to theorize on what Mr. Henry was referring to. Sounds more like a defensive statement to me than anything else.

However, it still appears to me that Mr. Gordon's recent grant of 5,000,000 shares and previous grants looks to have been the windfall in cash that could now be the basis for the existence of the now on hand and personally owned cash that is being used for the RCLA where Mr. Gordon has the option to take repayment in cash or 26,666,666 more shares in the company. Without more precise definition regards the stated restrictions and free trading status it's very difficult to make a clear judgement. Hence my stated goal of collectively retaining a top securities counsel so that we all be better informed.

Until then, you'd have to ask Mr. Henry very specific questions before I believe that you'd get answers to the question that you ask of me.

Bottom line is (Is it possible that Gordon bought the stock at $.15, sold the stock, and gave the proceeds to the company?) nowhere's do I see that the word gave operates in the literal sense. Everything I read looks like a quid pro quo whereby Mr. Gordon reaps one windfall on top of another as the performance of the company falters. imho

SC