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Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW? -- Ignore unavailable to you. Want to Upgrade?


To: StkProfit$ who wrote (491)7/27/1998 1:02:00 PM
From: Mr.Manners  Respond to of 1574
 
vicar,

Thanks for your kind welcome.
I am here to make observation and perhaps comment.
It is a sin to lie, and I never try to divide my responses, so I must keep it short.

regards, Mark



To: StkProfit$ who wrote (491)7/27/1998 1:03:00 PM
From: Medick  Respond to of 1574
 
I am here only to buy and I have doubts like all of you.



To: StkProfit$ who wrote (491)7/27/1998 1:06:00 PM
From: Moulder  Read Replies (1) | Respond to of 1574
 
I am a first time poster and a long time holder of tsig. Those "were" stupid questions. There is little doubt. How about wording it with a different slant? Does anyone know how high this will go prior to the web site opening? .55? .66? .80? $1.20? Get MY drift WISEOWL? As you pointed out, there are many ways to ask a question!



To: StkProfit$ who wrote (491)7/27/1998 1:15:00 PM
From: Sailaab  Read Replies (1) | Respond to of 1574
 
Need some help to figure out what this means

There is a COMPENSATION clause in form 8-K/A which goes as follows

3.1 In consideration for the license granted hereunder, Buyer (TSIG)
agrees to pay to Seller (CCI) a royalty of one percent (1%) of the net income, if any, generated as a result of sales of pre-recorded music by Buyer on or through the internet web site during the Term of this agreement, as may be extended in accordance with paragraph 2.1 hereinabove.

I have a few questions regarding this.

TSIG is selling each CD for 10.99 (with a music card).
1 ) How much profit will it make (assuming it has to pay some money to CCI)?
ex. Let's say it makes a profit of $2/CD (JUST AN EXAMPLE) and it sells 1 million CDs in one year.
then $$'s generated from Sales : 11 mil. (We will exclude S/H to make it simple)
$$'s to give to CCI : 9 mil.
Net profit for TSIG : 2 mil.

Now TSIG has to give 1% of 2 mil, which is $20,000.

This is what i think. I COULD BE WRONG.
I need your help to understand this.

Thank you all in advance.

Sailaab.