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

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To: stock leader who wrote (44821)7/10/2001 10:52:32 AM
From: Gary  Read Replies (1) of 44908
 
ST. PETERSBURG, Fla.--(BUSINESS WIRE)--July 10, 2001--TeleServices Internet Group Inc. (OTCBB:TIGI - news), also known as TSIG.com, announced today that the company and a target business combination candidate have commenced mutual due diligence and entered into a mutual confidentiality agreement. As previously announced in the company's public filings, TSIG.com seeks to restructure and reorganize the business and financial situation of the company.

This press release contains ``forward-looking statements'' within the meaning of Section 27A of the 1933 Securities Act and Section 21E of the 1934 Securities Exchange Act. Actual results could differ materially, as the result of such factors as (1) the ability of the company to finance its operations, and (2) other factors detailed in the company's public filings with the SEC. No assurances can be given that the company will be successful in implementing its plans.
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