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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?

To: gary g who wrote (6120)5/27/1999 8:25:00 PM
From: Skip_S  Read Replies (2) | Respond to of 6931
 
The 20 million unissued shares are a two edge sword.

Yes those shares could be issued in the future. The question is for what? An aquisition. If TSIS was going to buy a competitor... those shares are currency. However that would increase share holder value. (positive use of unissued shares)

Also...TSIS is profitable and presently has no reason to sell shares. I do feel that by next spring they will be buying back shares with all the excess cash.

And you cannot compare TSIS to National Health

First of all National Health was a pump & dump stock 2 years ago. Plus they are growing but loosing substantial money every quarter.

STill long
Skip



To: gary g who wrote (6120)5/27/1999 10:05:00 PM
From: Tobasco  Read Replies (1) | Respond to of 6931
 
<<....66 percent of the authorized shares in this company are yet to be issued. ....selling the balance of the authorized shares (20 million).>>

If there are 50m shares authorized and 20m yet to be issued, wouldn't that be 40% not 66%? I think you meant 66% of the outstanding shares are still available to be issued.


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