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

To: Gary s Gilbert who wrote (492)	10/16/1998 8:53:00 PM
From: Theodore G. Gresch	Read Replies (2) \| Respond to of 1622

Gary (thesaurus in hand) Gilbert, Get a pair of glasses! NUOA's option to purchase shares, due to dilution, will cost them $0.10 a share. I believe NUOA has already purchased those shares from Oasis. Oasis has sold shares for that price according to filings. I can not prove that NUOA was the buyer but, it makes sense. Your outstanding figure is also incorrect. FXWA has slightly over 16 million shares outstanding. The deal benefits NUOA shareholders. If you can't understand why this is so, it's your problem. Don't you wish you could buy stock for $0.10 and sell it for $6.00. Are you starting to see the picture? Why don't you call Johnathan like you said you were going too. Ted

To: Gary s Gilbert who wrote (492)	10/17/1998 10:35:00 AM
From: Ken Sammut	Respond to of 1622

>>>Sorry Ken but you are incorrect: The SEC documents clearly specify 1 million shares to NUOA in exchange for 19.5% with options to hold the 19.5% in the face of dilution, at market value, and/or or to buy up to 49%.>>> Gary, the above is old information. The new deal will give NUOA 49% of the company in exchange for the Tunisian properties. It will give NUOA an opportunity to then own up to 80% of FXWA through warrant purchases. To get the first million shares back in May, I believe Fred traded about 3 or so million NUOA shares. Although I am not privy to what went on, I am surmising the reverse split FXWA went through this past summer was necessary for them to do the big deal with Fred as well as a few others. NUOA is not giving up on Tunisia. Through the combination of NUOA and FXWA, it will be just one of several international casino and hotel projects they have. I would not be surprised that we also see some joint ventures with ARET and do some things domestically. As I have written, it is my opinion that we will be waiting years for the Tunisian properties to be profitable. The majority of shareholders do not want to wait years. Additionally, you run the risk of not have the cash or cash flow (due to the seasonality of Tunisia) to pay of debt while you wait for the project to be profitable. Better not to have all your eggs in one basket. Ken