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Microcap & Penny Stocks : NVEI (Was NVXE) - New Visual Entertainment Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Len Giammetta who wrote (447)	4/2/1998 4:52:00 PM
From: Michael A. Johnson	Read Replies (1) \| Respond to of 2211

Len: My posted text directed to NVXE shareholders was written by Tim Kuglin and was copied from the NVXE website. It is his son he refers to. His intense attention to family matters has prevented Tim from growing Star Satellite at a much faster rate. Now that personal matters are out of the way, it is Tim's intent to move with renewed vigor to build the merged companies. As I recall, the terms of the merger call for $500,000 cash on closing, plus 2 million shares of stock. Certainly sounds like a fair deal to me. Mr. Kuglin is willing to bet on the future success of the company for a large portion of his total compensation. Glad we have him on board. I think he, personally, and his company, will prove to be very valuable assets. If you haven't seen it yet, his website contains much valuable information. It may be found at: www.star-corp.com. Mike