Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Dave Gore who wrote (30280)	6/6/1999 5:47:00 PM
From: Bald Eagle	Read Replies (2) \| Respond to of 44908

Hey, bud. How long have you followed TSIG? My first post on this thread was well over a year ago. I have read almost every post since then and have read every press release since then. TSIG has NEVER executed any of its so-called business plans well. A CD I ordered three weeks ago hasn't shown up yet. The first one I ordered on the new site took over five weeks. The Signature deal which was supposed to bring in enough money to run the other parts of the business by April of this year still isn't producing revenue. Their online division which was supposed to be a major deal has gone out of business in just a few months without producing ANY revenue as far as I know. Whatever happened to Phil Esposito? Whatever happened to the NMF deal? Where is the revenue? $100,000 in a quarter is totally pathetic!! It's not my post that's a joke, it's TSIG! Get real!

To: Dave Gore who wrote (30280)	6/6/1999 6:51:00 PM
From: Ditchdigger	Read Replies (3) \| Respond to of 44908

<Where do YOU think TSIG's stock will be in 6 mo? STATE WHY!!!> IMO,it will be near current level or lower..Shareholders will be asked to increase the authorized number of shares to 200MM,,outstanding will be north of 140MM,,,company will escrow more shares,company will register more shares(for the additional escrowed shares required),Gordon will reprice his loan agreement to .10,company will have to use additional funding from the remaining unused portion of the PP,,,Gordon will wake up and realize what type of document he actually signed for funding..And revenues will be dismal-stock will suffer because on wall street,the words charity and profit don't go hand in hand...Just my opinions,DD PS: But I expect massive writeoffs due to the reorganization for the current quarter,could lead to another positive quarter,after the books are jockeyed..and within a year-reverse split and another "new" business plan..

To: Dave Gore who wrote (30280)	6/6/1999 9:52:00 PM
From: The Swordsman	Read Replies (2) \| Respond to of 44908

Dave, it's a crap shoot to try to do your estimate. If the PP holders converted 30,000,000 or so shares and they have this abundance of shares to use to drive the price down in the waning days of the next conversion cycle they could easily effect a $0.05 share price for a huge yield of preferred to common. Probably lots less a share price. There's just too much unknown about the PP holders goals. If you follow PP's of the past the dilution will be immense and the share price will be in the dumper. If revenues develop as many of us might expect from the Lifetime thing, (more to follow on this and not good news from me as you might expect,) and the conversion has added another 100/200,000,000 shares everything will have to be predicated on the new issued total. I'll see if I have time in the am and run an extrapolation for you then. Difficult but not impossible. But beware the Lifetime deal has some pretty scary unknowns attached as I had earlier related to Suzanne. Might be a net loser if you can believe that. Really and I believe that I can show you that in black and white. It's the jockey, not the company. Very possibly a very poor negotiation. Much like the PP. Just as an aside, last year when we all fired up about the plan and the card how many of us would have, late in December, when the share price was at $0.55 been willing to take a *Rights Offering* whereby each interested shareholder would have been offered a $25,000 package as follows; 1....55,000 restricted for 1 year freely tradable shares 2....Another 25,000 warrants equal to 1 share each for $1 after 1 year. If your answer is yes then stop and think for a moment. We would have raised a total of $10,000,000. We would have no selling today by the PP holders to enhance their yield to common. we would have only 22,000,000 shares maximum dilution and a one year freely tradable restricted period. And then another 10,000,000 shares dilution but only after the share price reached $1. A grand total of only 32,000,000 shares. Why was this not offered to the shareholders if this CEO is so savy in the art of raising revenue for the company. I believe there's an answer but nothing that at this late date that can be substantiated. Could TSIG, actually Rob Gordon have found at least 400 shareholders willing to take that deal? I certainly believe so. Then please ask yourself why we had to go forward with this stupid highly dilutive PP? Why are we/TSIG in the middle of this highly dilutive event? Who will be the winner/winners? SC

To: Dave Gore who wrote (30280)	6/6/1999 10:19:00 PM
From: ztect	Read Replies (1) \| Respond to of 44908

Dave.... Didn't Gordon specifically state that most PP holders converted in the 20 to 30 cent range? That moat of the 52 mill convertible shares were actually accounted for in the float? And that the peculiar thing that wasn't accounted for was the speed of registration which typically takes 4 to 6 months just due to bureaucracy happened a lot faster than is "normal". Consequently the stock is near full dilution. When registration is sped up, most of convert holders are concerned about the price going up not down.... Maybe a foolish greedy one who used the likes of the Sword aka Rich with his forked tongue to manipulate share holders into selling . The most pitiful thing being that the "sword" aka Rich hearing people's fears and fueling them further knew just who to cast his serpeant tongue upon. Kinda dumb doing it with a lawyer, and another who has these SAME exact .....XXXXXXXXXXX 'nuff said. z....for the pen is indeed mightier than the sword.

To: Dave Gore who wrote (30280)	6/6/1999 11:53:00 PM
From: Bald Eagle	Read Replies (1) \| Respond to of 44908

Oops, I forgot to mention that I have read all the 10-Q's, K's and any other SEC documents I could get to. I'm sorry, but you can't pull the wool over my eyes as far as TSIG is concerned. They are ALWAYS making "great deals", but the money never shows up in the revenue numbers! Why should we think these new deals will be any different? What did Suzanne say? Something like "just because it has never happened before doesn't mean it won't". OK. I'm 49. I've never been able to run a mile in less than 5 minutes. Does that mean I should be able to next year? I don't think so! How about some reality in these revenue projections? OK, maybe TSIG will show $110,000 of revenue in the current quarter. With expenses of $500,000 a month ( isn't that what you said? ) , that's a loss of well over another million dollars. Of course, we're supposed to show profit in about six months! I believe I heard the same story six months ago. You screw me once, shame on you! You screw me twice, shame on me!! Good luck to all longs. You'll need it. Of course, there's always the tax write-off! The last selling point for TSIG!!!