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

To: The Swordsman who wrote (27880)	5/10/1999 1:52:00 PM
From: ztect	Respond to of 44908

Sword..... Maybe you should direct some of your antipathy of Gordon towards Bob Newton for poor execution on some of the ongoing deals. Newton is the member of the team in charge of execution especially of the BR deal. From tsig.com Robert Newton Senior Vice President, Products and Services Division Rob Newton heads up TSIG.com's products and services division, which develops innovative e-commerce marketing programs with businesses and non-profit organizations to increase Web site traffic and reduce customer acquisition costs. Mr. Newton began his career as a CPA at Pensacola-based Cherry, Bakaert & Holland, and moved on to become vice president of operations for the Pacific region of Century 21, where he was responsible for developing and managing new domestic and international markets.

To: The Swordsman who wrote (27880)	5/10/1999 2:08:00 PM
From: Bald Eagle	Read Replies (1) \| Respond to of 44908

Why do you have the NMF and Babe twice? Anyway, revenue will be a lot more than what you say. Did you read ALL of the 1998 10-K?

To: The Swordsman who wrote (27880)	5/10/1999 2:36:00 PM
From: Bald Eagle	Read Replies (2) \| Respond to of 44908

From TSIG's 10-K: Included on the balance sheet is $380,986 invested in an affiliate company, equal to the costs related to attempting to complete the proposed acquisition of certain entities. During 1998, the efforts to complete the proposed acquisitions were terminated and certain former employees of the Company resigned from the Company and acquired these entities. In exchange for transferring the rights, if any, the Company had with regard to these acquisitions and in exchange for terminating various employment and severance agreements, the Company was issued an equity position in the entity. Subsequent to December 31, 1998, the Company sold its equity position for $706,000 in cash, resulting in a 1999 gain of $326,000. I was assuming that the $326,000 gain would be posted as revenue in the first quarter of this year. Am I correct in that assumption? Does someone know , for sure, how this will be handled? Will the full $706,000.00 be counted as revenue?