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


To: ztect who wrote (23736)4/4/1999 10:39:00 AM
From: The Street  Read Replies (1) | Respond to of 44908
 
Did the Magic cream the Bulls or what!!

LOL!



To: ztect who wrote (23736)4/4/1999 11:40:00 AM
From: Ditchdigger  Respond to of 44908
 
" Pursuant to an employment agreement dated December 4, 1998, the Company
engaged Robert P. Gordon to continue to serve as Chairman (an officer position)
for a term of five years. Pursuant to the agreement, Mr. Gordon will be paid a
salary of $360,000 per year. In addition, Mr. Gordon received a restricted stock
award of 5,000,000 shares of common stock, which are considered fully-vested.
Mr. Gordon is also entitled to the following: car expense allowance, major
medical health benefits equivalent to that provided to other officers;
indemnification from any claim or law suit which may be asserted against him
when acting as an officer of the Company provided that said indemnification is
not in violation of any federal or state law or rule or regulation of the
Securities and Exchange Commission. The agreement also contains certain
provisions with respect to disability, termination, confidentiality and
non-competition."
freeedgar.com




To: ztect who wrote (23736)4/4/1999 11:45:00 AM
From: Ditchdigger  Read Replies (6) | Respond to of 44908
 
"Employee Benefit and Consulting Services Compensation Plans

The Company currently has in effect three separate Employee Benefit and
Consulting Services Compensation Plans: 1) The "Visitors Services International
Corp. Employee Benefit and Consulting Services Compensation Plan" (the "VSI
Plan"); 2) the "TeleServices International Group Inc. Employee Benefit and
Consulting Services Compensation Plan" (the "TSIG Plan"); and 3) the
"TeleServices Employee Benefit and Consulting Services Compensation Plan" (the
"TeleServices Plan"). The VSI Plan covers 17,500,000 shares of common stock, the
TSIG Plan covers 10,000,000 shares of common stock, and the TeleServices Plan
covers 20,000,000 shares of common stock. All shares covered by all three plans
have been registered on seven separate Form S-8 registration statements."
....
"Under all plans the Company may issue shares of common stock and/or
grant options to purchase common stock to qualified consultants, advisors,
officers, directors and employees of the Company and its subsidiaries."



To: ztect who wrote (23736)4/4/1999 12:22:00 PM
From: Ditchdigger  Respond to of 44908
 
Well z, are you a man,woman,,, or a mouse? It would appear you have something to say to Zeev,or did you take care of it by PM? DD
PS: I need a break from the hype,good luck -perhaps the confussion lies between last years stellar year,which merited the doubling of salary...ans issuance of 5mm restricted-fully vested shares
You said "Just read a response to your's that either is purposely trying to mislead or is written by a
person who can't read....
The recent 10-k clearly said that Gordon's salary for last year was $178,000 and NOT
$360,000.....The 10k also clearly stated that the CEO compensation was for the next
five years...same with the shares."
.................
The 10KSB says, and agrees with Zeev's representations
"Pursuant to an employment agreement dated December 4, 1998, the Company
engaged Robert P. Gordon to continue to serve as Chairman (an officer position)
for a term of five years. Pursuant to the agreement, Mr. Gordon will be paid a
salary of $360,000 per year."



To: ztect who wrote (23736)4/4/1999 12:36:00 PM
From: Ditchdigger  Read Replies (1) | Respond to of 44908
 
z, to prove I am not the later of the beings I suggested,I reread Zeevs post.."Bob, I have spent already more time than I planned on TSIG, one gets dragged into
these things. I was under the impression that Gordon current salary is no $360,000 and
was so last year."
Perhaps I should and will appologize to you..sorry, that said, I in no way believe he would intentionally mislead the thread, the fact remains, his salary is now 360K and he has 5mm more shares in his pocket..DD good-bye for now..