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To: Janice Shell who wrote (2047)5/10/1998 6:48:00 PM
From: marcos  Respond to of 7491
 
Exactly ... I think. The wording of the complete quote is quite foggy;

"As consideration of the exclusive five (5) year license Cashco will pay a licensing fee of $250,000 over a six month period and CSI will issue to Telanis, 1,500,000 shares of its' Convertible Preferred Stock into Common Stock of Cashco."

Probably should read;

"As consideration of the exclusive five (5) year license Cashco will pay a licensing fee of $250,000 over a six month period and CSI will issue to Telanis, 1,500,000 shares of its' Convertible Preferred Stock, which stock is convertible into Common Stock of Cashco."

... maybe ... or maybe not ... ¨qui‚n sabe?