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To: lavalamp who wrote (18486)11/15/1997 2:26:00 PM
From: michael d kugler  Read Replies (3) | Respond to of 55532
 
Lava,

The Nelson transaction is fairly straightforward. It is not a convertible issue. But the company is on the hook for at least 741,000 (olympus' value) up to $1,500,000 (Nelson's value) right now.

There could be litigation regarding the actual value before this is all over.

In some cases, these transactions are described as questionable in terms of being arms length transactions, except for Erkhin. Do you know why?