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To: Pugs who wrote (35)	4/4/1998 4:53:00 PM
From: s martin	Read Replies (1) \| Respond to of 26163

Here is the undeleted post. No where in it do I say: The TA informed me the accurate float is 17MM, not the 14MM Pugs & Riley state. s martin (what he meant to say); The TA informed me the accurate float is 14MM, not the 14MM Pugs & Riley state. I was not making a point about the number of outstanding shares or anything about you having lied about the outstanding shares. Yes I made an error in the number and I conceded that in my haste I did not proof the post, however the erroneous number doesn't really make a differnece in what I am trying to say, which is if the share owned by Morgan and Breton are included in Riley's count... you have another sticky wicket. If their shares are counted as a part of the certified shares...then the actual number of certified holders is probably less than reported and also the float is probably greater than what has been reported. I guess what I am pointing out is you, Riley, Morgan and Breton are liars and other shareholders should be aware of that before they go dashing off paying attornies or CPA's. To: +RCJIII (44762 ) From: +s martin Thursday, Apr 2 1998 6:25PM ET Reply # of 44927 RCJIII At last it seems reality is setting in and people are beginning to acknowledge that the stock is not going to trade anytime soon. As for your proposal about the shareholders passing the hat in order to get the financials done, it is at least a step in the right direction, it is time the shareholders quit being passive and become proactive. As you know the whole idea that there were a number (150,000 as I recall) of illegal shorts originated with Morgan. At that time he knew of Mork's short position caused by Zapara reneging on him. Morgan must have known that the company wasn't doing welll and IMO he used this as a way to increase the price of the shares which had skidded sharply aftger his unannounced reverse split. There are many instances of the company lying to shareholders and with that in mind, if I were even considering trying to bail them out by paying for financials, I would have to have some iron clad guarantee that there is a huge short postition. If ther short position does not exist you will merely be throwing good money after bad. How you can get to the truth of this matter is the key to the problem IMO. I certainly would not take the word of Morgan or Breton, the transfer agent says there are 17,255,000 outstanding shares... but the transfer agent will not give information about the float. That is what you need to know.... how big is the actual float and how many certs have been delivered. It seems Riley is the keeper of the list and he protects that information but it may be time for other parties to request the list and then start the process of verifying it by contacting those reported to be holding certs. If Riley's list includes the shares of the Reg S lenders from the 1996 offering and also includes shares owned by Breton and Morgan... you may have a sticky wicket, because you cannot be sure they are in fact being honest. It's good to see that some shareholders are beginning to look at their options. JMHO