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Gold/Mining/Energy : PKS-PeakSoft Multinet Corp. (was PeakSoft Corp.) -- Ignore unavailable to you. Want to Upgrade?

To: James Leotta who wrote (1337)	9/22/1998 9:38:00 PM
From: Brian Warner	Read Replies (1) \| Respond to of 1470

I suppose the good news is that, under this plan, the company's debt will be greatly reduced. Nonetheless, I am quite concerned at the idea of a reverse split. The value of my shares in another company (Pure Gold-TSE) plummeted after a reverse split a few months ago. I presume the company believes it is in need of capital or debt reduction, but I am concerned that this will be at the expense of shareholders--I hope I am unduly pessimistic. Any other comments?

To: James Leotta who wrote (1337)	9/24/1998 1:45:00 PM
From: Rob	Read Replies (2) \| Respond to of 1470

A reverse split theoretically means nothing because the new share will reflect the same value. More importantly, other large investors believe in this company enough to invest in $100,000 increments. The reduction in long term debt is favorable. This company has a great product and continues to have a great future if they survive long enough to generate earnings. To me, this is a positive step which will allow a few more months to push product out the door to create earnings. Obviously, small companies like this are a speculation, but I have visited the company, spoken with the President, and continue to have faith that they will be able to execute their business plan. Rob