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

To: Suzanne Newsome who wrote (31971)	6/30/1999 8:51:00 AM
From: PDavid	Respond to of 44908

Suzanne, keep in mind that Zeev knows very little about the company, and thus any inquiries to him should be limited to his knowledge of financing, etc. His posts clearly indicate a lack of knowledge of the business plan. He doesn't even know who the players are. Thus, lets not annoint him the authority, if you know what I mean. He is not a friendly poster and revels in his forecasts coming true. In the event that we someday see a turnaround, whether now or later, I think the Zeevs and Ditchdiggers should be kept in perspective. Right now, Zeev's ego is being massaged--lets not let him enjoy it too much.

To: Suzanne Newsome who wrote (31971)	6/30/1999 9:14:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 44908

Suzanne, there is a need to finance accounts receivable and inventories, for instance, the Lifetime learning deal involve many schools. Schools are not going to prepay, they will wait until the kids have sold the cards, do their accounting and then disburse the funds back to TSIG, that process may take between one to three months, and thus create "accounts receivable", that need to be financed. Similarly, each charity will have to have its cards designed according to its special needs and thus until these cards are shipped to the schools, the company will have to carry inventories that need to be financed., all these come under the general term of working capital, and typically, in most businesses, for each additional dollar in sales (YOY) one needs to have about $.30 in additional working capital. TSIG does not have at this point any working capital and the timing of their "expected receipts", will determine how much working capital is needed. Zeev