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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: gambler who started this subject3/8/2001 6:52:54 PM
From: TideGlider  Read Replies (1) of 44908
 
The Board determined that it had two options: either reach a prompt and
amicable settlement with Affinity's former shareholders or subject the
Registrant to an immediate bankruptcy action. The Board determined that because
a bankruptcy action would provide virtually no chance for recovery, it was in
the best interest of the Registrant, its shareholders and its creditors to
promptly reach an amicable settlement with Affinity's former shareholders rather
than file for immediate bankruptcy. However, if the Registrant is unable to
successfully pursue new business prospects in the near future,the Registrant
may still be required to seek protection under bankruptcy laws.

TG

freeedgar.com
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