To: V$gas.Com who wrote (26483 ) 4/22/1999 8:33:00 PM From: The Swordsman Read Replies (2) | Respond to of 44908
TSIG does not file under 12b or 12g. They are not a 13d nor do they operate under proxy rules. Because of these particulars I/we are on very solid ground to solicit and get together for the purposes discussed. For those that need to, check with your own counsel. I've spoken at length with mine and the SEC today. Don't worry, no company or individual names given. In the event of any actionable undertaking, under no circumstances do I or any of us wish to be soliciting any of the others of us for the purposes of voting the other's proxy. All parties to this effort will be making their own decision independently as to whether or not to proceed with any action if any as made by recommendation of counsel after reviewing all the pertinent records. As of today and because of more conversations with various of the targeted prospective firms, budgets for this effort will easily be less than originally outlined as per my early comments.. They, the prospective Firms and their attendant web addresses are once again listed below for your perusal as we go forward. AKIN GUMP STRAUSS HAUER & FELD www.akingump.com BAKER & MCKENZIE...................www.bakerinfo.com SKADDEN ARPS.......................www.sasmf.com MILBANK TWEED......................www.milbank.com WHITE & CASE.......................www.whitecase.com MILLBERG WEISS.....................www.milberg.com Any comments and observations will be appreciated. While many of you would prefer to ignore this effort, I would suggest that you are being incredibly ignorant not wanting to know from a very professional assessment what options we have. If it turns out that Mr. Gordon has been imprudent, even though legally done, but imprudent in allocating a 300% increase in his ownership of TSIG by fiat at the direct expense to us the shareholders of this PUBLIC corporation and we have recourse to reverse that error in decision, then you should be able to look forward to a healthy rise in share value. If he was to go further in moving upstairs and accepting J Hwang or J Guild as the CEO the share price will benefit immensely, IMHO. Certainly you can all see the benefits of these actions. It will take a bit of resolve, a few bux, and some time. Meanwhile, the legitimate moneylenders will be more inclined to do business with a company with a higher share price, fewer shares outstanding, and proven leadership. Seems to me everyone comes out a winner, even Mr. Gordon. Please continue to PM me for follow-up details. No more short term day trading nasties, please. Thanks, Sword.Com