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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: Suzanne Newsome who wrote (43322)	11/27/2000 8:23:10 AM
From: Suzanne Newsome	Read Replies (1) of 44908

From Friday's PR: "The closing of the TSIG transaction has been placed on hold for two primary reasons: 1) Certain conditions that TSIG was required to satisfy prior to closing have not been satisfied. These conditions included the closing of the acquisition of The Affinity Group Inc. by TSIG; and 2) Reliant has learned of certain previously undisclosed information that would materially affect its decision to proceed to a closing. Reliant has requested that TSIG address numerous questions in connection with this transaction. TSIG has partially responded to Reliant's concerns by making certain new disclosures in the TSIG Form 10QSB filed on Nov. 21, 2000. The board of directors of Reliant will continue its due diligence and make a decision no later than next week as to its course of action in regards to the proposed business combination with TSIG."...........Reliant needs funding to expand its business. Part of the deal was that TSIG was going to provide $10 million to Reliant. If the deal does not go through, where will Reliant get their money?

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