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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: REW who wrote (15538)1/22/1999 12:33:00 AM
From: Bald Eagle  Read Replies (1) of 44908
 
Taken from an SEC filing dated May 14th, 1998:
.
Under the terms of the employment contract, Mr. Piercy is entitled to:
(i) a salary of $250,000 per annum; (ii) 1,1,00,000 shares of common stock of
the Registrant registered on Form S-8; and (iii) options to acquire 2,500,000
shares of restricted common stock of the Registrant, at an exercise price of
$.40 per share, for a period of five (5) years, which options will vest and
become exercisable only if CCI attains certain revenue and profit margin targets
over the next three years.

It looks like Piercy and TSIG are very close to each other. He's getting paid even more than Guild, quite a sweet deal.
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