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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)
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To: TOPFUEL who wrote (15667)1/24/1999 9:16:00 AM
From: REW  Read Replies (3) of 44908
 
I was told by Mr Gordon at my last visit that Piercy had not received any money from TSIG. Any transactions would be contingent upon the close of the deal and would probably be stock only restricted for two years from the signing. The indication was also that Piercy would have no involvement with TSIG. It was also stated to the best of my recollections that there would be no transfer of any liabilities.

I thought about the deal with Piercy and we might have two separate items. The card and the network. Maybe the cash is for the use of card and the stock is for the network. This is just my theory.

As best as I can recall we are getting ownership of the card, current card holders, and the existing distributors. The distributors will then have to conform to the rules and regs of TSIG. We will then be free to expand the distributorship network from an existing base instead of starting our own.

TSIG, I believe, could go it alone if the necessity and desire is there.

Be assured Gordon has nothing but the good of TSIG in mind and any deal he does will be in our best interest even though some may feel differently.

I will further clarify these points tomorrow. Be patient til then.
I am going to try and have my response up before I have to leave in the evening for a few hours.
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