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To: Euan Hayward who wrote (466)	2/9/1998 11:36:00 PM
From: Micheal Stephenson	Respond to of 619

Euan, I am certain that steps will be taken as I am aware of new people coming on line. I have been instrumental in this area and as I mentioned have been following this company for over a year. I am sure they will materialize this time please hold on and see news releases when issued. I understand the apprehension regarding dilution and can only get you a reply on my visit. I do not see the dilution as a major problem although one we could do without. Having said that most of debentures are at a higher rate so not that bad. Unfortunatley many public companies make the mistake of raising finance at the wrong levels but it is just another issue to be corrected. Hey even the richest man in the world could not corner the market in cream pies so there is hope for us all. Just let us make sure we eat it and not wear it.

To: Euan Hayward who wrote (466)	2/9/1998 11:38:00 PM
From: JR	Respond to of 619

Euan, There were very large block being handled for about 2+ weeks there, multiple (trades) in excess of 1 mil. I have followed this company for three years and have never seen volume this high, the only possible reason that made much sense to me was that preferreds were being converted to common and no actual trade was being made, I do not know how Canada handles conversions, so this may not be the case with this company, if you or anybody knows for sure let us know, with the volume that occured there could be major dilution. Thanks JR

To: Euan Hayward who wrote (466)	2/20/1998 12:02:00 AM
From: Micheal Stephenson	Read Replies (2) \| Respond to of 619

Euan, I promised to report here goes; I am happy to inform you that after spending nearly two days with Ken Kurple and Bill Lloyd, at their Port Huron facility, it is clear to me that they have come to realize where they needed to improve, and have taken what I believe to be tremendous forward steps. They have compiled an annual report, a copy of which I suggest everybody obtain and read. This will make the matter of stock dilution much clearer. I am sure that you will see, while nobody likes dilution, at least the company has made sure that it has the cash flow to achieve what they need to, in the near and not so near future. In my opinion they have moved from a total focus on R & D, (although they are not slowing up in this area either). Remember, most of their patents are protected for seventeen years. However, they also are continuing to upgrade and enhance their existing patents, and as well are adding new patents to their patent portfolio. This approach will better secure the company's future and longevity. In comparison to what I saw over twelve months ago, this is a different company. They have focused in areas to ensure earnings will be achieved, and already they are well on the way to achieving those goals. They have worked very hard on their corporate structure, seeking the right individuals to complement the company. (Something I have been asking for a long time.) They are also in the process of completing an agreement with an Investor Relations Group who will keep shareholders, and the market, well informed of the future successes of the company. If you get the feeling I am pumped after this visit, you are right - I am really pumped! I have liked this company for a long time and have been bugging them to be involved. I know this will happen in the not too distant future. I feel that shareholders past, present, and future will have a tremendous opportunity to see a good return on their investment. The right moves are being made and the results of these efforts will be evident soon. I am continuing to accumulate at these levels, as I see a good return potential, both in the short term as well as in the longer term. The company has certainly grown up! Thank whichever God you believe in - they have seen the light.