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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP) -- Ignore unavailable to you. Want to Upgrade?

To: Amanda Marley-Clarke who wrote (1270)	7/12/1999 12:54:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 1501

Amanada, First the Toronto Escrow Shares recently, then; Like a Convertable Note to Goldman-Sachs and Biotech Fund, say 20 mill each and then 20 mill to BUY OUT DAM GOOD DR whathisface who had been bragging about the neato UBC patents, then when exitting THEN he came bacj saying ( Opps, they are still in my SOLE Name- not the Company Name- this is what was said here way earlier)he wanted MONEY for them. A minor glitch. And I bot back at $1.75 because the stuff is NOT TOXIC, only the shares out now, it won't matter much IF WE HAVE A GOOD PRODUCT. I think we will, this is not a trading vehicle - I re bot my position at this years top, in order to have a CORE POSITION in a TECHNOLOGY that I had been studing for 4 years. The fact that it is down and not upping is still meaningless, the TECH is VERIFIED. That means it is undervalued still, watching and waiting to double my core, we thru out the rotten apples; now, I wait with all of you. Chuckaapplepie

To: Amanda Marley-Clarke who wrote (1270)	7/13/1999 6:49:00 PM
From: Sean Janzen	Read Replies (1) \| Respond to of 1501

Amanda, Where are you getting the figure 69 million shares outstanding? If you haven't already read IZP's prospectus then you should. You can find directions at this site: Message 10295016 For information on shares outstanding go to page 6. As of mid June/99. Common Shares.....32,004,628 Preferred Shares....11,185,814 Warrants.................4,664,377 Options...................2,237,000 ------------------------------- Fully Diluted.........46,413,263 (1) Note: (1) Up to 7,507,258 common shares are issuable upon conversion of the 11,185,814 preferred shares Series 1, issued to HMR. Mr. McBeath stated in yesterdays release that the conversion of HMR's preferred shares might occur 2 or 3 years hence. Lets hope IZP can generate enough interest to pump the share price over $9. Canadian thus minimize any dilution. Also important to note, HMR's preferred shares will nearly double as IZP draws on the funds remaining. The nearly 22,000,000 preferred share will translate into a maximum of approximately 15 million common shares. If IZP trades over $9 at the time of conversion then HMR will receive slightly under 3 million common shares. I hope I have this correct.