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

To: ED S. who wrote (31574)	6/22/1999 2:05:00 AM
From: cicak	Read Replies (2) \| Respond to of 44908

Ed - NOT a good idea to renege on a contract IMO. However - I do think TSIG needs to take a careful look (by court order if necessary) - and determine whether the PP holders participated in any trading that was in violation of SEC regulations. Regards, Phil

To: ED S. who wrote (31574)	6/22/1999 8:36:00 AM
From: Suzanne Newsome	Read Replies (1) \| Respond to of 44908

Ed, your idea certainly has appeal. Do you think this is RG's plan? He didn't give much notice of the meeting; he's not promoting the meeting. I am certainly in favor of upholding contracts but this is akin to handing a person with a gun the bullets with which to shoot you. Regards, Suzanne

To: ED S. who wrote (31574)	6/22/1999 1:14:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 44908

Ed, reneging on contract can put TSIG in CH 11 at once, this is a bad idea. I have suggested to you a number of steps in response to your request, look at them again. A good negotiator that indeed believe that TSIG could generate $100' of MM of bucks in sales, should be able to use the lack of ceiling (after all, Gordon used this example himself in a recent news release, saying conversion "could" be at $3 share right?) to negotiate a floor and a ceiling. Additional working capital could be obtained through a rights offering. Zeev