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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?

To: Zakattack who wrote (1766)	3/12/1998 8:38:00 PM
From: Lee Harper	Respond to of 1985

Z: Yes, many thoughts, just none of them fit to print. Lee

To: Zakattack who wrote (1766)	3/12/1998 10:02:00 PM
From: Ben Antanaitis	Read Replies (1) \| Respond to of 1985

Zak... 1) Has to pass or the Series D preferred holders (a management group and Amber Arbitrage) get their preferred shares converted to common shares without having to pay $.63/share to JTS ie they get their shares converted for the $.17/share they already paid to JTS. 2) Will allow Amber, the folks from 1) who own most of the series D preferred stock, to call for board meeting when they, Amber, want something voted on/passed. AND, if AMBER converts all of their series D shares, and this requires a further payment of about $20M to JTS, Amber will control about 46% of the outstanding common shares of JTS None of this is speculation or rumor, it all documented in the JTS SEC filings from over the past 6 months. Ben A.