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

To: Juan Dominguez who wrote (378)	5/12/1998 12:36:00 AM
From: Bill Monahan	Read Replies (1) \| Respond to of 44908

According to them it is not as simple as X shares for acquisition. I think they will have some deal like warrants or restricted shares. They would not give me the specifics of the deal. I asked anyway. Just being a pest with my little investment :)

To: Juan Dominguez who wrote (378)	5/12/1998 1:18:00 AM
From: gambler	Read Replies (1) \| Respond to of 44908

Here is an excerpt from the independent accounting firms on TSIG: -------------------------------------------------------------------------------------------------- Acquisition of Compact Connection, Inc. The Company has acquired the business and the assets of Compact Connection, Inc. (an unaffiliated Nevada corporation), through the Company's wholly-owned subsidiary, Compact Connection, Inc. (a Delaware Corporation) ("CCI"), effective at the close of business on April 30, 1998, pursuant to an Asset Purchase Agreement dated April 23, 1998. Payment of the purchase price of 6,000,000 shares of Common Stock of the Company is contingent on satisfactory completion of a due diligence review by the Company and an independent audit of the financial statements of the acquired business. The acquired assets consist primarily of equipment, distributor contracts, trade names and trademarks, and goodwill. The business, involves the direct-music marketing of compact disks and cassettes, through the use of a music card, similar to a credit card or long-distance calling card, that allows purchasers of the card the ability to buy a specific number of compact disks or cassettes from over 200,000 titles, including the music industry's latest top releases, at "below-retail" prices. Orders are taken over a toll-free number and are delivered via mail. Music cards can be purchased directly from the business or from authorized distributors. In the event that the Company's due diligence review or the audited financial statements prove unsatisfactory to the Company, the Company can "unwind" the transaction. There can be no assurance that the Company's due diligence review or the audited financial statements prove satisfactory; and even if the transaction is not "unwound," there can be no assurance that the operations of CCI will be profitable or result in any benefits to the Company.