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To: Mr. Forthright who wrote (2648)	8/29/1998 10:34:00 PM
From: jhild	Read Replies (3) \| Respond to of 26163

Well I think the balancing transaction will be the issuance of Preferred B shares. Of course we haven't the foggiest what those conversion rights are, as they are not being offered to all shareholders of the common class. Just the privileged on the inside. (That doesn't seem quite right.) It could be a great opportunity to launder any restrictions on current 144 shares held by some of these same insiders, but we will never know without any disclosure.

To: Mr. Forthright who wrote (2648)	8/30/1998 2:25:00 AM
From: bmart	Read Replies (1) \| Respond to of 26163

Mr. Forthright, Ms. Shell can ask whatever she likes but I suggests she should address the company, not a shareholder. RB

To: Mr. Forthright who wrote (2648)	8/30/1998 8:44:00 AM
From: Dean Dumont	Read Replies (1) \| Respond to of 26163

Mr. Forthright, In response to 2648, your situation doesn't show that you stopped doing anything at that point. If the company spends $500 of the $10,000 isn't that considered a part of cost to do business. Ok, so you now have $9,500 in cash and $500 in inventory or assets. Then you sell the product at of course a serious mark up. Say that $500 turns into $2500. what you have now is $12,000 and 100 shares out. You call back and roll back 50 shares so you have 50 shares issued and outstanding. What about Earnings Per Share at that point. Wouldn't they increase by the % of what you canceled. What will the end result of the balance sheet say then? I do not think it would be a loss. The paid in capital would be counted(unfortunetly)into this equation.