Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Tassi who wrote (75618)	4/11/2002 11:53:52 AM
From: Anthony@Pacific	Read Replies (1) of 122087

Included in the filing is this passage: "On or about June 1, 2001, the Company provided the official Creditors' Committee with information concerning alleged improprieties by certain former officers and others of the Company. By agreement of the parties, the Creditors' Committee, through its counsel and financial advisors, conducted a more formal inquiry and investigation. The Creditors' Committee has concluded that substantial credible information exists, which establishes that funds may have been misappropriated and, potentially, fraud has been perpetrated by certain former officers of the Company. Under the confirmed Plan, any and all claims against former officers of the Company that may be asserted by or on behalf of the Company and its respective creditors and shareholders have been assigned to a litigation trust."

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