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


To: Andrew H who wrote (14554)1/11/1999 7:53:00 PM
From: REW  Read Replies (2) | Respond to of 44908
 
Andrew,

I want the CCI deal too. The attorneys are working on it and trying to gather the information. I have been asking about it every time I go. They always think they are close so I said what I said and will just wait for the news and treat it as a new deal. We know it is there and I will continue to update everytime I make contact.

There are money deals being worked on and, again, in varying stages of closing. Only time will close them. At the moment there is a lot of time being devoted to the Babe Ruth endorsement. We all want it to get kicked off right. It potentially generates a lot of money next month.



To: Andrew H who wrote (14554)1/11/1999 9:22:00 PM
From: peacelover  Read Replies (2) | Respond to of 44908
 
Andrew,

I never thought I would say this, but your post was good and objective. The delay in completion of cci of CA has been bugging me too as I have stated in the past. What really is the issue for not rapping it up soon? Can anybody say for sure? REW, Can you ask RG this when you meet with him? Thanks.

peacelover



To: Andrew H who wrote (14554)1/12/1999 12:50:00 AM
From: Martin E. Frankel  Read Replies (1) | Respond to of 44908
 
Hi Andy,

I can understand your concern about the closing of the CCI(CA) deal, but, in reality, it is a closed deal already. If you recall, Rob Gordon modified the original contract between TSIG and CCI(CA) with an addendum quite a few months back giving TSIG the exclusive rights to the MusicCard(tm)... should the audit not meet TSIG's standards... for ten (10) years and renewable every five (5) years thereafter in perpetuity. It now becomes a question, IMO, as to what is most beneficial to TSIG. Granted the old CCI(CA) has existing distributors, but are they possibly going to hurt the major corporate and fund-raising "deals" TSIG is doing? It depends on the price and business structure. It seems clear to me that if these old distributors or dealers remain in that same corporate structure then they would be competing with our own company. Federal law does not allow us to set a minimum selling price for the "Card" to a dealer or distributor (remember when Sony tried suing dealers for selling Sony products below Sony's MSRP... Sony lost). If they were entities such as manufacturer's reps, however, I understand from my attorneys that TSIG can control their minimum selling price. I believe that besides completing an audit satisfactorily, the legal structure of the present and future "sellers" of the "Cards" outside of the direct employ of TSIG (please note that "Cards" is plural) is a consideration being deeply investigated posthaste by management. And don't forget, it is Rob Gordon's and managements' money on the line as well as ours. Don't you think they are as anxious as all of us? But, it must be done right.

Be Right!!!.... Sit Tight!!!

Best always,

Marty