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To: Fred Ragan who wrote (7307)	7/31/1998 1:17:00 PM
From: Cliff Daniel	Respond to of 11684

If I'm not mistaken, the Lawsuit and the SEC business are two totally seperate issues. Cliff

To: Fred Ragan who wrote (7307)	7/31/1998 1:35:00 PM
From: skreiger	Respond to of 11684

Fred, FWIW, the transfer agent IS listed as a defendant. Scott

To: Fred Ragan who wrote (7307)	7/31/1998 1:44:00 PM
From: BRANDYBGOOD	Read Replies (3) \| Respond to of 11684

The transfer agent is listed as a defendent in the suit. Brandy

To: Fred Ragan who wrote (7307)	7/31/1998 2:15:00 PM
From: LT	Respond to of 11684

Suing someone is one thing, winning yet another, actually collecting the judgement, way off in the distance. I wouldn't count on that "cash" to revitalize the company. At least not in the for seeable future. The board can cancel shares that have been issued in error or as the result of fraud. If there is a dispute as to the "facts" the court will hold a hearing and decide. Your assumption is probably true....in addition to cancellation, Jack would be looking for damages. Mostly concerning the extra shares already sold.....hard to cancel them :)) LT