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To: Jazzbo who wrote (17093)	2/14/1999 2:58:00 PM
From: Jazzbo	Respond to of 44908

I should say Paragraphs 16 (Seller's Breach and duty to indemnify) and Paragraph 29 provide remedies upon breach. TS

To: Jazzbo who wrote (17093)	2/14/1999 3:07:00 PM
From: Jazzbo	Read Replies (1) \| Respond to of 44908

What happens to the 6 million shares Piercy was to receive is the more interesting question. TS

To: Jazzbo who wrote (17093)	2/14/1999 5:28:00 PM
From: Ellen	Read Replies (3) \| Respond to of 44908

I understand it to be that the company answered that in Friday's release. ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Feb. 12, 1999-- TeleServices International Group Inc. (OTC BB:TSIG - news), a provider of outsourced teleservices and music CDs through the Internet, announced today that it had terminated its agreement to acquire the assets of Compact Connection, Inc. (CCI), a Nevada corporation, and reached agreement to proceed to market and sell MusicCard products on its own. So the agreement to acquire the assets is terminated. The licensing - the exclusive right to market the card concept - remains in effect. Under the licensing agreement, Piercy receives the 1% net royalty.