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Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries)
EXSO 0.00010000.0%Mar 7 3:00 PM EST

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To: david m. uhler who wrote (1289)8/12/1997 6:03:00 PM
From: J.S.   of 5015
 
Dave(the nice*)

Go back to my first quest post. There you can see that in May
1996 5million in non floorless debs were issued. Almost all were
converted. In Dec 1997 2 million in floorless (&*%%(*%(*^%) debentures
were issued. That makes $7million for the year. In Jan 1997 3 more
million were issued (floorless) this makes 5million for Dec through
Jan. In May 1997 part of the floorless were renegotiated to give an
additional $700,000 (thanks for doing the arith).

How much of the 5million non-floorless has been converted?
4.8million dollars and change.

Dave, I don't blame you for being a bit unclear. The SEC documents
are opaque. The presentation is a bit confusing. Others here have
had problems with them. e.g. Woodcocks and Mc Donalds are not
debenture holders but they are lumped right in. The 10Q should
have a section on "changes in stockholder's equity".I will get
on this tomorrow and should be able to call the company on my lunch
break.

Thanks,
Joe

*need to distinguish. Both Daves -- both same age (vbg).
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