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To: Sprintcar who wrote (15526)	12/1/1999 5:43:00 PM
From: Chris K.	Respond to of 150070

OK. What does THAT mean in terms of tomorrow's trading. That's like issuing 750Million more shares at a price of 0.02 making $15M. They are restricted but that's still mucho shares !! So let me get this straight. The company does what I just mentioned and then merges with EEC ? At what proportion will the R/M be ? Ok.... I don't know if I am making any sense. I will go back and read it again. If anyone can clear this up, feel free to do so and thanks in advance. CK.

To: Sprintcar who wrote (15526)	12/1/1999 5:56:00 PM
From: Jim Bishop	Respond to of 150070

CDNO interesting news.... " The consummation of the proposed acquisition will be subject to several material conditions precedent, which will have to occur to the satisfaction of EEC. These include, but are not limited to, the negotiation of a definitive acquisition agreement, the Company being free of all material debts, a due diligence investigation by EEC with no material issues discovered, the raising of in excess of $10,000,000 in new investment capital by the Company, and the obtaining of necessary waivers and consents from third parties, including the Company's shareholders. It is anticipated that a meeting of shareholders will be required to approve certain aspects of the proposed transaction if a definitive acquisition agreement is negotiated between the parties. Further, it is anticipated that an affiliate of management of the Company will be compensated by EEC or the Company if the transaction is successfully completed."