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Microcap & Penny Stocks : EXTI - only public co. developing liver device -- Ignore unavailable to you. Want to Upgrade?

To: Shawn Donahue who wrote (178)	2/15/1998 4:50:00 AM
From: CENTrader	Respond to of 1063

Yes....They are WELL AWARE of this announcement. Barbara had confirmed this in one of her e-mails. I dug up more Newmin stuff. It's another "goodie!" Tell me this guy is under-qualified!!! ----------------------------------------------------------------------------------------------------------- W. GERALD NEWMIN Biographical Summary Chairman & Director Xenogenics Corporation W. Gerald "Jerry" Newmin W. Gerald Newmin has over 25 years of management experience with New York Stock Exchange and American Stock Exchange Fortune 500 Companies and several privately owned businesses in a variety of industries. All his positions have involved troubled companies at which innovative solutions have resulted in dramatic improvements in revenues, profits and increased shareholder value. Mr. Newmin was retained as a consultant to Exten Industries, Inc. in June 1995. He was elected Acting Secretary of the Corporation on July 13, 1995. On December 1, 1995, Mr. Newmin was elected Chairman, CEO and President of the Company. Mr. Newmin is a principal of Newmin Associates, specializing in mergers, acquisitions and operational management of troubled companies. Mr. Newmin currently is an investor and Board of Directors member of four companies. One of these, SYS, a San Diego, CA defense systems company, is publicly traded (OTC) on the Electronic Bulletin Board. Newmin has been an investor and director of SYS since 1994. From 1991 to present, Newmin has been a consultant, investor and director of Greene International West, Inc. and industrial manufacturing company located in Oceanside, CA. From 1993 to present, Mr. Newmin has been an investor and director of Occu-Med, Inc., a Denver, CO- based managed healthcare company. Jerry also currently serves on the board of directors of Caldwell Industries Inc., a San Diego-based paint brush manufacturing co. From 1984 to 1987, Mr. Newmin was President of HealthAmerica, which was then the nation's largest publicly held HMO management company. During his presidency, revenues increased from app. $150 million to $500 million annually in less than three years. From 1977 to 1984, Mr. Newmin was President of International Silver Company, a diversified multinational manufacturing company which he restructured. From 1973 to 1977, Mr. Newmin was Vice President and Western Regional Director for American Medicorp, Inc., responsible for management of 23 acute care hospitals throughout the Western US. During a 2-year period, revenues increased from app. $150 million to app. $390 million. From 1962 to 1973 Mr. Newmin was employed by Whittaker Corporation and was instrumental in Whittaker's entry into the US and international healthcare markets. Newmin's positions at Whittaker included those of Chief Executive Officer of Whittaker's Production Steel Company, Whittaker Textiles Corporation, Bertram Yacht Corporation, Narmco Materials Corporation and Anson Automotive Corporation. Mr. Newmin is currently Chairman of the Board of the International Forum of Corporate Directors, a non-profit organization which promotes corporate governance, and which is composed of over 120 Board Members from California companies. Mr. Newmin holds a Bachelor's degree in Accounting from Michigan State University (1960). .

To: Shawn Donahue who wrote (178)	2/16/1998 10:48:00 PM
From: CENTrader	Read Replies (1) \| Respond to of 1063

Shawn, Regarding the settled lawsuit, you'd have to say that Newmin pulled off a pretty sweet deal, wouldn't you? <<During the nine months ended August 31, 1997 the Company entered into an agreement with Union Bank to settle a previous existing note payable and judgment with a balance due of $333,000. As of August 31, 1997 a payment of $50,000 was made for full settlement in connection with the note payable and judgment, the Company recorded a gain on extinguishment of debt of $283,000 during this period.>> Bill