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

To: David A. Irvine who wrote (2314)	7/16/1998 11:40:00 PM
From: Jim B	Respond to of 44908

TO ALL:: Got this email with someone asking me to post this link saying it might be of interest to us.. and after just reading it is very interesting.. talks about competition with selling CD's online.. AMZN, CDNOW, etc mentioned. briefing.com jim

To: David A. Irvine who wrote (2314)	7/17/1998
From: Lee Walsh	Read Replies (2) \| Respond to of 44908

David, I have seen this happen before. I wonder who this private investment group is. I wonder if this "agreement not to sell" is in writing. I also wonder what the "price" of these shares were. At .10-.25 cents per share .50 would be a good profit for them. They would have to be "very committed" to the company not to sell........and unless they are, they will cut our throats and take our money. Has anyone asked these questions??? I am not saying that Mr Gordon is being untrue in his statements....I'm saying that maybe the "private investor group" is. If TSIG/Gordon had an agreement in writing that these shares must be held, If the investor group sold any of them, TSIG could force the group to buy them back thus creating a "short squeeze" in effect. Please don't take me wrong....I own shares in this company. I would just like some answers. I have e-mailed Liz and she is sending me an investor package tomorrow....although these answers will probably not be in this package. Lee "What he did do was sell his shares to a private investment group and, in effect, actually placed these shares as collateral for a loan that, once received, was then loaned to TSIG. He told us that he is able to recover these shares, upon repayment of the loan, and that this investment party agreed not to lend these shares out to anyone for shorting purposes, nor will they sell them." Edit: From the June 25, 1998 Form S-8 THE OFFERING <TABLE> <CAPTION> <S> <C> Common Stock offered by the Selling Security Holders Up to 12,214,710 Shares Shares of Common Stock Outstanding as of June 24, 1998 43,963,030 Use of Proceeds The Company will not receive any proceeds from the sale of shares by the Selling Security Holders My question?? Who gets the proceeds...are they being used to retire the debt? Over-the-Counter Bulletin Board Symbol TSIG

To: David A. Irvine who wrote (2314)	7/17/1998 12:30:00 AM
From: Jester	Respond to of 44908

David, I did miss that post. Every bit helps. Thanks. djb

To: David A. Irvine who wrote (2314)	7/17/1998 9:22:00 AM
From: Sandi	Read Replies (2) \| Respond to of 44908

I agree with your thinking that we should get to the bottom of what's really happening before the shareholders get the raw end of the stick. The company says one thing. I can't understand why a private investor would take as collateral 6 million shares worth about $1 1/2 - 2 million (something they agree not to sell and give back upon repayment)and give $5 million in a loan. The company's in debt and has problems with the IRS...what kind of investor would consider this as collateral? What's it really worth????? Sandi