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To: LaShark who wrote (4002)	3/27/2000 11:29:00 PM
From: Patrick Smith	Read Replies (1) \| Respond to of 4080

Chris............ How observant you are....kudos to you. Did you read it from the Caymans or are you still hanging around south of the border perfecting lime-aid? :-) Speaking of lime-aid, someone tried pumping FISPAC's nemesis. I'll give you three guesses and the first two don't count. LOL Glad to see you're still kicking. :-)

To: LaShark who wrote (4002)	3/28/2000 5:11:00 PM
From: Bill Evans	Read Replies (1) \| Respond to of 4080

Thanks Chris, This part is interesting. ITEM 2. LEGAL PROCEEDINGS. In July 1999 the U.S. Attorney's Office for the Eastern District of New York subpoenaed the records of our Company. The agency has further subpoenaed the financial records of our auditors and our records from our transfer agent. Both Jerry Gruenbaum the Company's President and Director and Hans Lodders the Company's Chairman of the Board have been interviewed by that agency. On March 10, 2000 the agency has notified us officially that we are being Investigated and that our President is also the subject of the investigation for His role in his association with our Company's former attorney Vincent L. Verdiramo and our former investment-banking consultant Timothy Masley who now is incarcerated for securities violations for matters unrelated to Beacon Light.