<PAGE> 1
Filed pursuant to Rule 424(b)(3)
Registration No. 333-78077
Prospectus Supplement No. 2 dated October 27, 1999
to Prospectus dated May 27, 1999
TELESERVICES INTERNET GROUP INC.
(formerly TeleServices International Group Inc.)
We have prepared this Prospectus Supplement No. 2 to update information included
in our Prospectus dated May 27, 1999. This Prospectus Supplement should be read
in conjunction with the Prospectus and the Prospectus Supplement dated August 3,
1999 (Prospectus Supplement No 1), which are to be delivered with this
Prospectus Supplement No. 2. The Prospectus and the Prospectus Supplements
relate to two Registration Statements: file no. 333-78077 and file no.
333-84021.
SELLING SECURITYHOLDERS. The information in the Prospectus and in Prospectus
Supplement No. 1 under the heading "Selling Securityholders" is superceded in
part by the following information:
SELLING SECURITYHOLDERS
<TABLE>
<CAPTION>
SHARES
MAXIMUM BENEFICIALLY
SHARES SHARES OWNED AFTER
BENEFICIALLY OFFERED IN OFFERING
NAME OF SELLING OWNED PRIOR TO OFFERING -----------------------
SECURITYHOLDER OFFERING NUMBER NUMBER PERCENT
- --------------- -------------- ---------- ------ -------
<S> <C> <C> <C> <C>
Amro International, S.A. ............. 19,665,899 19,665,899 0 --
Endeavor Capital Fund, S.A............ 23,134,344 23,134,344 0 --
Basic Investments Ltd................. 29,282,510 29,282,510 0 --
Joseph Abergel ....................... 4,974,748 4,974,748 0 --
Rebecca F. Walter .................... 7,378,050 7,378,050 0 --
Grady & Hatch and Co., Inc. .......... 250,000 250,000 0 --
Cliffwood Management ................. 1,258,535 1,258,535 0 --
Michael Johnson ...................... 2,747,672 2,747,672 0 --
Frank V. Pellegrini .................. 2,603,171 2,603,171 0 --
</TABLE>
Note that some of the selling securityholders have already sold some or all of
the shares listed after their names and under the columns "Shares Beneficially
Owned Prior to Offering" and "Maximum Shares Offered in Offering" pursuant to
the Prospectus dated May 27, 1999 and/or Prospectus Supplement No. 1.
THE COMMON STOCK IS A SPECULATIVE INVESTMENT AND INVOLVES A HIGH DEGREE OF RISK.
YOU SHOULD READ THE DESCRIPTION OF CERTAIN RISKS UNDER THE CAPTION "RISK
FACTORS" COMMENCING ON PAGE 3 OF THE PROSPECTUS BEFORE PURCHASING THE COMMON
STOCK.
THE SECURITIES AND EXCHANGE COMMISSION HAS NOT APPROVED OR DISAPPROVED THESE
SECURITIES OR DETERMINED IF THE PROSPECTUS OR THE PROSPECTUS SUPPLEMENTS ARE
TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
1 of 1
