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To: thomas oakley who wrote (2157)	6/30/1998 12:08:00 PM
From: ColleenB	Respond to of 2849

after a little cut and paste I thought these two paragraphs fromthe release warrant being committed to memory.... The annualized revenues of the presently owned subsidiaries and the above-described companies to be acquired will approximate $110,000,000 and the company is currently profitable. The company has also entered into negotiations to acquire majority interests in numerous companies complementary to one or more of its five divisions. Most of these companies will be acquired by debt-restructuring agreements and the issuance of restricted shares of company stock, thus increasing the net tangible book value of the company's common stock with each additional acquisition. Each acquisition will result in minimum dilution (if any) to current shareholders and enhanced shareholders' value per share. Whenever restricted shares are issued by the company for acquisitions, the shares will be restricted in accordance with Rule 144 under the Securities Act of 1933, and whenever possible for periods longer than required under that rule. At this time, the company's management estimates that the float of the freely tradeable shares is approximately 11,000,000 shares.