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Non-Tech : Earthshell Corp. (ERTH) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Berliner who wrote (65)	8/14/1998 12:49:00 PM
From: Terry Jackson	Respond to of 409

Wow! Paul, you certaintly know how to throw a zinger. That is a dynamite piece of news. I wouldn't dream of buying with 80 million shares hanging over us. Could be quite a good short, though. "All stockholders who were not selling stockholders in the Company's initial public offering (other than one stockholder who owns 262 shares of common stock), including all officers, directors or affiliates, entered into agreements with the underwriters of the offering, in which such stockholders agreed, subject to certain exceptions, not to sell or otherwise dispose of any shares of Common Stock for a period of 180 days from March 23, 1998 (the date of the prospectus) without the prior written consent of Salomon Brothers Inc., an affiliate of Smith Barney Inc. This 180 day period expires on September 20, 1998, at which time (i) non-selling stockholders holding 7,384,732 shares of common stock may sell shares free of any restrictions under such agreements and free of any resale limitations under Rule 144 and (ii) affiliates of the company holding 73,464,800 shares of common stock, 73,398,252 shares of which are held by E. Khashoggi Industries, LLC or its affiliates, may sell such shares free of any restrictions under such agreements, but subject to the resale limitations set forth in Rule 144. The Company is unable to estimate the number of shares that may be sold by such stockholders after September 20, 1998 or the effect, if any, that sales of shares by such stockholders will have on the market price of the common stock prevailing from time to time. Sales of substantial amounts of shares of common stock by such stockholders could adversely effect prevailing market prices."