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


To: Ellen who wrote (31797)6/28/1999 3:29:00 AM
From: cicak  Read Replies (1) | Respond to of 44908
 
Hi Ellen - IMO - TSIG management should approach ALL of the PP holders and attempt to negotiate a floor - using Martin E. Frankel suggested offer as a starting point. It should be noted that Marty's suggested offer extended to ALL PP holders (i.e. "I would like to formally request that the PP holders voluntarily add an addendum to their agreement (contract)") and not just to Bernie and his family.

Regards,

Phil

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Message 10104648

To: Bernard Deutsch (29941 )
From: Martin E. Frankel
Monday, Jun 14 1999 3:27AM ET
Reply # of 31797

Bernie,

Message 10047290

<Because I don't want to hurt the Co. and I do not believe this to be the right way to do
business.>

Message 10046237

Based upon your posts (and in particular the above two), it is quite evident and clear
according to your writing that you and your family and friends came to the aid of TSIG in its
time of need. I find it difficult to believe, therefore, that you would intentionally do anything
to potentially harm your significant investment... especially with the potential for success that
TSIG, IMO, still has. The major problems, as I see them at present, are the ability to execute
the already existing alliances and "deals" to produce a positive cashflow... and the lack of
shareholder confidence that has occurred due to the huge dilution which looms over the
public shareholders' investment. The first problem can, again IMO, be resolved without that
much difficulty. The second problem, however, is more difficult and will test the altruism
and sincerity of you, your family and friends.

I would like to formally request that the PP holders voluntarily add an addendum to their
agreement (contract) with TSIG wherein they will agree not to convert any shares at a price
below a 30% discount to the average closing ask price for the thirty (30) days immediately
preceding the actually closing of the PP agreement last year. I know this is perhaps asking
alot, but I truly believe that doing so would significantly increase shareholder confidence in
both the Company and management... as well as prove the sincerity of the PP holders as
described by you.

I believe there are still many of us, including myself, who have not sold any of our shares in
TSIG. All of us who are still long would have immediate renewed confidence in TSIG and,
IMO, many new shareholders would be attracted to invest in the Company. In the long run,
IMHO, all the shareholders, including the PP holders, would benefit from a markedly higher
share price.

I believe I can safely say that I speak for all the public shareholders when I humbly and
respectfully ask for your serious and immediate consideration of the above. Time is if the
essence. We... the public shareholders... look forward to your positive response. Thank you
for your attention and... Shalom.

Best always,

Marty

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