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

To: REW who wrote (20809)	3/18/1999 9:34:00 AM
From: REW	Read Replies (4) \| Respond to of 44908

I just spoke to James Guild and Robert Gordon separetely. This is my best response to the S-8 as I could understand. Registration under an S-8 is part of the package designated to employees. There were no new shares issued. This had nothing to do with VSI. This is a compensation package for the employees that should have been reported awhile back. It is an obligation to the employees that needed to be cleared up from before. Generally the employees will earn their options over 3-5 years. The vesting will occur either monthly or anually on a direct percentage basis. 3yrs vested at 1/36/mo or 1/3/yr. None or very little have been exercised. Why place money into the stock today when the same money later will get the same shares. There are a number of new employees to be added shortly. 10-12 in sales 8-10 in marketing There is no problem here. This is a normal function of any company in attracting good employees. This is actually good news in that TSIG has taken the stance of doing what it can to get the highest caliber of employee. I think it is working.