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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (7815)	5/12/2000 3:36:00 PM
From: StockDung	Read Replies (1) \| Respond to of 10354

No hurt here. Just waiting for yout HYPE report. Dont forget to include; $111,704,230 Div 10 years = $11,170,423 and then there is that 6 million. This reduces the goodwill burden to the Company by $136,500,000 to $111,704,230, and this is the value that will be added to the Company's balance sheet going forward from April 1, 2000.

To: Francois Goelo who wrote (7815)	5/12/2000 4:03:00 PM
From: Sir Auric Goldfinger	Respond to of 10354

Gee this must be generating some internal strife between D. Scott Elder and others inside ZSUNE: ""In accordance with the terms of the acquisition agreement for OIA the former shareholders of OIA are to receive 1 share of the Company's common stock for each $0.50 of earnings before interest, income taxes, depreciation, and amortization for the year from April 1, 1999 through March 31, 2000. OIA's earnings as defined above were $10,910,076. Accordingly, the Company would owe 21,820,152 shares of its common stock at March 31, 2000. The value of the shares at March 31, 2000 was approximately $250,000,000. This value would be added to the goodwill on the balance sheet of the Company. The Company is attempting to renegotiate the terms of the transaction to issue less shares for additional cash consideration. However, no agreement has been reached at the date of this audit report".