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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (30743)	6/9/1999 5:00:00 PM
From: Tom	Read Replies (1) \| Respond to of 44908

Ditchdigger: We do not know the friendliness or non-friendliness of the pp holders. We do not know how much pp selling is occurring right now. We don't know whether or not certain holders believe in the business model and will hold for price appreciation. We don't know a bunch of stuff. Correction: SOME people appear to know everything... Assuming you are right about the lack of any "real" cap, there is still the possibility that the pp holders may be able to be paid in some way other than shares. The money appears to be unavailable right now, but we still do not know when the conversions will occur, either. Around and round we go, where we stop....

To: Ditchdigger who wrote (30743)	6/9/1999 5:11:00 PM
From: cicak	Read Replies (1) \| Respond to of 44908

Ditchdigger - the paragraph you quoted doesn't say anything about TSIG being obligated to register more shares to meet PP obligations than what was provided for in the initial registration of shares. TSIG may need to seek approval from shareholders to increase the number of shares of common stock authorized - but not necessarily because TSIG is obligated to increase the number of shares registered for the PP. For example - if 50 million total shares were converted for the PP - an increase in the number of common stock authorized would be required - but NOT an increase in the number of shares registered for the PP. Please cite the portion of the SEC document which provides the terms and conditions for the following: <<contractual obligations to the selling securityholders>> and please annotate where it is discussed that TSIG may be obligated to increase the number of shares registered for the PP. Thanks. Regards, Phil