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


To: Suzanne Newsome who wrote (13791)1/2/1999 10:41:00 AM
From: JWC  Respond to of 44908
 
"B"



To: Suzanne Newsome who wrote (13791)1/2/1999 10:59:00 AM
From: Ditchdigger  Read Replies (2) | Respond to of 44908
 
When it comes to the company's history of prowess in the financing department,let's hope the adage,"history repeats itself" isn't true..;^)DD
"4. Subsequent to the end of the period covered by this report, Felcrest
Trading Ltd. ("Felcrest"), a defendant in a lawsuit filed by Robert P. Gordon,
individually, filed a third party Complaint in Circuit Court for Pinellas
County, Florida, on October 23, 1998, against TSIG, VSIC, and current and former
officers and directors of TSIG and VSIC and other third parties (collectively
the "Third Party Defendants"). The third party complaint asserts civil claims
for unspecified damages against the Third Party Defendants for alleged
securities law and uniform commercial code violations, fraud and negligent
misrepresentation, in connection with a private loan made by Felcrest to Gordon.
The Third Party Defendants were not parties to the private loan made by Felcrest
to Gordon, and Management believes that the third party claims are without
merit.

The original lawsuit was filed by Mr. Gordon against Felcrest on
February 9, 1998, in connection with a loan agreement wherein Felcrest loaned
$1 million to Mr. Gordon. The loan was secured by shares of common stock to TSIG
owned by Mr. Gordon, and was convertible into those shares unless the loan was
first redeemed by Mr. Gordon. Mr. Gordon alleges in his complaint that Felcrest
manipulated the market price of TSIG's common stock, by engaging in
short-selling, in an effort to cause a technical default in the loan agreement
which triggered a substantial penalty and permitted Felcrest to convert the loan
into shares at an artificially reduce price."




To: Suzanne Newsome who wrote (13791)1/2/1999 4:32:00 PM
From: Martin E. Frankel  Read Replies (1) | Respond to of 44908
 
Suzanne (and ALL),

IMO, scenario B is the most logical and valid based upon the information we know. If you may recall, it was posted some time ago that TSIG had turned down a $2,000,000 PP offer. Rob Gordon, IMHO, waited until he could strike a deal that would maximize shareholder value... and I hope nobody forgets that Rob Gordon is also a shareholder. I believe he waited until the terms were right for the Company and, yes, he may very well have delayed the deal until the TSIG engine was running and he knew "bullish announcements" were going to be made which would increase the stock price and limit any potential share dilution. That's what makes a great Chairman and dealmaker... and I, as a long-term investor would not want it any other way.

As an aside, Suzanne, and this is not directed at you, but is rather a generalized statement. Isn't it strange that even at this stage so few can see the overall game plan of TSIG? It's not just CDs. It's a whole new marketing concept using the good old time-proven guerilla marketing idea. Looking at the domain names already locked-up by TSIG it should be quite apparent that the Company has no intention of limiting themselves to just CDs. The competition has locked themselves into expensive advertising contracts which eat away at their bottomline. TSIG has not and apparently will not go this route. TSIG's marketing concept has three major pluses (IMO): (1) we get paid to advertise,(2) customer loyalty should be high because of (a) their membership in an organization (b) their possession of a "card" and (c) the best overall prices in the marketplace, and (3) service... especially with the 7/24 telephone availability which should be radically improved along with the website within a short time due to our alliance with Cohesive.

Additionally, it is strange that nobody looks at Amazon.com and their number of authorized and outstanding shares (which, BTW, is similar to ours) and their share price and market cap... all with no earnings. Sometimes there is no logic or rhyme or reason to why things are. But, on the other hand, TSIG is a new name on the street and is still a BB stock (although it is a reporting company and I suspect we will be going to the Nasdaq this year). Mutual Funds and institutions, with rare exceptions, are prevented by charter from buying into BB stocks. I believe it will not be that long before our baby King Kong will be roaring load and clear for all to hear and see. I also believe TSIG will be one of the first in this burgeoning sector to show a profit and a positive bottomline. Once the momentum starts...!! Don't ever forget that we are not a CD seller. We are to be a vendor of goods and services (you name it!) on the internet with minimal advertising cost and no inventory. Will we make it to the top? IMHO, yes. We have a great management team, some great alliances even at this early stage (and, IMO, many, many more to come), and a great concept in the right sector. Please remember that what I say is my personal opinion and, yes, of course I am biased. But I have done my DD and continue to do so and suggest that all do the same... I believe you will come to the same conclusions.

Be Right... Sit Tight!!! IMHO, 1999 is only going to be the start!!

Best always,

Marty