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To: Steven Durrington who wrote (289)11/12/1997 7:29:00 AM
From: David Smith  Respond to of 11708
 
Incorrect speculation. You paraphrased from the original statements. See the word "also" in the following statements:

Coconino will receive an undisclosed amount of ERHC common stock over an eight month period, restricted under Rule 144, at a guaranteed minimum value of $2.00 per share. The sale will ALSO (caps mine) retire approximately $677,000 in debt.

You'll just have to wait until it's disclosed. Sorry.

David