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To: Gator who wrote (235)5/11/1998 12:59:00 PM
From: Jay D.  Read Replies (2) of 8858
 
<<someone at Stockhouse posted about a 1:4 reverse split>> Just got off the line with IR: Alan Pool 1-888-777-6458, Reverse Split - Asolutely NOT! With less then 12M for EPS calculation purposes, there is no need to (30M -10M in escrow - 5M not exercised - 3M option not exercised =12M) He can give you better exact numbers if you call him. He said next 10Q due out June 15, which will be much improved since it will reflect 5 licensees ($100K each) and no R&D expenses which were excessive in the last 10Q.

Later Gator,
Jay
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