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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (4828)	11/17/1999 11:24:00 PM
From: mark silvers	Read Replies (1) \| Respond to of 5143

Richard, IMO, J/L have been waiting for the other shoe to drop. Fr. Gregory (as of today) has 5 people on the Naxos board. Watch these two try and turn the two companies into one(only speculation on my part) at the expense of shareholders. Doesn't MG own all the rights to the "propietary" J/L methodology? If I was a shareholder of MG and J/L even thought of working with Naxos in any way, shape, or form, I would be highly pissed! Mark

To: Richard Mazzarella who wrote (4828)	11/18/1999 9:28:00 AM
From: Paunch	Read Replies (1) \| Respond to of 5143

Richard, That would be a good idea if you could get enough share holders to stick together but that is not an easy thing to do. It us difficult to think that Mike would just give away half of the company without having a deadline in the contract whereas JL would have to have MGAU in production by that date or return the 13 million shares. If he did not have this in the contract then the contract was all one sided and we may have been sold down the river. Anyone know how we can get to see just how the contract reads. I know one thing for sure and that is anytime the management refuses to give out any information to its share holders it is a very good sign that they have some problems they don't want anyone to know about. That is exactly what IPM did the last six month before they filed for chapter 11. Mr. Lett ! I ask again, what is happening in our company. If you have the ability to succeed we want to know that, and if you don't have that ability we have the right to know that also. Paunch