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To: BostnSully who wrote (6736)	3/17/1998 9:11:00 AM
From: Buster	Read Replies (3) \| Respond to of 27968

To All regarding the Myriad deal, I emailed Ira to ask him about the specifics on the Myriad deal. The 4.3mil will be the total cost of the Myriad acquisition. The current owner of Myriad owes 11mil in taxes so I guess the IRS will accept 4.3 mil to settle the claim. The current owner/owners will still work for the company under some type of employment agreement that is suppose to be industry standard. Ira's reply to me: "they actually owe 11 million.....all they get is an employment agreement......plus employye option plan/commisions based on profits....with a net profit of 1.8 million.....times 6.25 of net which is industry standard" Buster