TSLI - Ripe For The Picking

TSLI issued an 8-K with the SEC late last month that seemed to slip under investors radar.  Tapslide (TSLI), according to the 8-K,  is looking to get the assets of Addamo Estate Vineyards, http://www.addamovineyards.com.  Take a quick peek at the web site and you'll see this is a multi-million dollar operation.

More compelling is the fact that this acquisition is being covered along side NYSE mergers and acquisitions.  A popular merger and acquisition site is covering the Addamo Estate Vineyards and Tapslipe acquisition as well as those of Black Stone Group (BX : NYSE) and Deere and Co. (DE : NYSE).  Here is the link: http://www.pehub.com/66193/ma-monday-7/ .  This is dated March 15th which makes me suspect the deal is imminent.

The coverage of the TSLI/Addamo Vineyards along side big board stocks illustrates the value  this merger will have for current shareholders of the stock.  Upon release of the completion of the acquisition TSLI will most certainly soar, as shares are revalued to represent the new assets and revenues.  The time to buy a stock like TSLI is before the news hits the wires. 

Also consider the low share count for this stock.  Insiders hold a more than 50% stake in the roughly 40 million shares.  Once investors realize the potential, shares will get tough to come by and the price per share will rise significantly.

TSLI closed trade on Thursday at $.011 a share.  Once word of this acquisition spreads around the investment community I would not be surprised with a $.03 - $.04 price.  If the company press releases the finalization of the acquisition TSLI could break $.05 and move substantially beyond that. 

Keep TSLI on your watch list going forward.