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

To: secureit who wrote (36941)	12/13/1999 9:22:00 PM
From: Suzanne Newsome	Read Replies (2) \| Respond to of 44908

Dear Suzanne, As you and I have discussed before, my responses to questions such as these must be limited to publicly available information. Also, outside of some generic comments, it is usually inappropriate for me to discuss with you what the board and/or management team were thinking when they made some particular decision. Hence, I am very limited in what I am allowed to tell you. As you know, the company's option plans under Form S-8 are publicly filed, as are our Annual Reports on Form 10-K, as well as our quarterly reports on Form 10-Q and interim reports on Form 8-K. Regarding Mr. Gordon, I should correct your statement that he "made himself a ...grant." Only the Board can make option grants, and in this case, Mr. Gordon would have had to abstain from the vote. If his share total were to change, we would, with advice from counsel, make the proper disclosures at the appropriate time. Regarding the company's option plans, we have made appropriate and timely disclosures about these and will continue to do so. (As you can see, this type of answer is getting repetitive, but this is all I am legally allowed to say. To say more would jeopardize you, me, the company and its shareholders.) Regarding future financings, and potential share dilution, it would be inappropriate, and against company policy, for me to speculate. Regarding Mr. Gordon's salary, I cannot comment at this time. However, I can say that the company has substantially reduced expenses and continues to seek ways to cut costs. Regarding various management decisions and adherence to principles of fiduciary duty, you don't give me anything specific to respond to. As you know, the management and the Board have worked in a difficult environment with inadequate financial resources. We are working hard to change that, and to raise adequate funds so that we can plan better and implement our plans more effectively. I wish I could say more, and hope to be able to do so in the near future. In the interim, let me say that we greatly appreciate your support and that of other loyal shareholders. Regards, Paul Henry