TSIG's subsidiaries from the 10Q....What do Gordon's other companies which apparently are run out of TSIG's offices do?
1) Organization and Operations:
TeleServices Internet Group Inc. (TSIG), was incorporated under the
laws of the State of Florida on October 1, 1986 (originally as Dynasty
Capital Corporation). TSIG issued common stock for 100% of the issued
and outstanding common stock of Visitors Services, Inc. (VSI). This
transaction was accounted for as a reverse acquisition since the former
controlling shareholders of VSI assumed control of TSIG after the
business combination. Prior to the transaction, TSIG was an inactive
public shell corporation with no net assets.
VSI was incorporated under the laws of the State of Florida in November
1992 to provide automated reservations and information services
specifically designed to support the special needs of convention and
visitors bureaus and other organizations. On March 5, 1999, VSI filed a
voluntary petition for relief under Chapter 7 of the United States
Bankruptcy Code for the Middle District of Florida, Tampa Division.
American International Travel Agency, Inc. (AIT), a wholly-owned
subsidiary of TSIG, was incorporated under the laws of the State of
Florida on September 27, 1977 to provide retail travel services. AIT
was acquired by VSI on December 6, 1996. The ownership of AIT was
subsequently transferred from VSI to TSIG on December 3, 1998 for the
assumption of the debts of AIT.
My MusicCard Company (MMC, formerly Compact Connection, Inc.), a
Delaware corporation, was incorporated on April 17, 1998, as a
wholly-owned subsidiary of TSIG for the purpose of establishing an
internet-based discount retail music CD and cassette tape business.
My Card, Inc., a Delaware corporation, was incorporated on February 11,
1999, as a wholly-owned subsidiary of TSIG for the purpose of
establishing additional internet-based retail business using the
business concept developed for MMC.
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