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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?


To: John Chapman who wrote (2558)5/19/1998 1:37:00 PM
From: jhild  Respond to of 7491
 
No John, I think what we need to do is look for Telanis. We need to find out who these guys are.

But to answer your question, the Press release already addresses this:
Under the terms of the final agreement, Merced, Inc. will receive 1,500,000 shares of EHI's Convertible Voting Preferred Stock, convertible into Common Stock of Cashco, on a share for share basis, or into EHI Common Stock, under certain circumstances, as sole consideration for the acquisition of the exclusive license.

Now if there was a performance contingency or some type of deferred schedule of release of these shares that would be materially different now wouldn't it. I am sure that Rebecca wouldn't be so careless as to let CSHK make a misleading release.