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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Silver who wrote (315)	9/4/1998 8:46:00 AM
From: Theodore G. Gresch	Respond to of 1622

Jerry, I think it works like this: NUOA will be able to post the $180 million debt to the asset side of its balance sheet. We will then have a much greater book value. However, we will not be able to post revenue or income to our balance sheet since we will no longer be in a majority ownership position. We will only show increases or decreases in equity. See past NUOA 10Qs other than the most recent one. I think we may also get a token # of FXWA shares. If that comes true it will help us in the short run. Ted