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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Anthony@Pacific who wrote (50415)	1/21/2000 6:45:00 PM
From: Anthony@Pacific	Read Replies (1) \| Respond to of 122087

ELSI<--------- The Company sold 800,000 shares of its Common Stock to Kamkorp at a price of $1.00 per share in cash during the first quarter. Of these shares, 600,000 were issued during the quarter and 200,000 were issued later, although the subscription price receivable for these later-issued shares is reflected in paid in capital at March 31, 1999. The Company issued an additional 1,300,000 shares of its Common Stock to Kamkorp at a price of $1.00 per share in cash during the second quarter of 1999. The Company issued an additional 680,000 shares of its Common Stock to Kamkorp at a price of $1.00 per share in cash during the third quarter of 1999.