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

To: Janice Shell who wrote (3892)	6/5/1998 7:44:00 PM
From: John Chapman	Read Replies (1) \| Respond to of 7491

Janice: I will need a new toner cartridge but I am trying to keep track of all the questions. I have printed yours and have added it to thwe shopping list

To: Janice Shell who wrote (3892)	6/5/1998 8:05:00 PM
From: John Chapman	Read Replies (2) \| Respond to of 7491

Janice: you asked "How about this: who is owed money by the terms of the promissory note assumed from Merced by CSHK, and why should the licensing agreement for the Y2K software be contingent on its payment within the period specified? " So that I can better understand your question by promissory note I assume you are asking about what I understand to be part of the consideration Cashco granted to Merced in return for the exclusive license to market and sell the Y2K program. I do not know of any other note that Merced owed someone that was assumed by Cashco so what I understand must be correct. Please correct me if I am wrong. That said I think the answer to the first part of your question is Cashco owes Merced the value of the note. As to why something was included in the negotiations and final agreement and why it was not, I do not think it is appropriate for me to ask this. As a long time negotiator, I respect the inner thoughts of the negotiation team as to why they include something and why they do not.