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To: Savant who wrote (1603)11/24/1998 9:28:00 AM
From: Walter Morton  Read Replies (3) | Respond to of 18366
 
Okay Savant, would you rather that NCII issue more shares and dilute the value of your stock or have Mr. Norris sell Intel or Lucent some of his warrants/options (that convert to an offal lot of shares) and treat the transaction as an investment by Intel or Lucent and a loan from Mr. Norris.

If this is legally possible, I think this would be the most fair approach to raising funds and protecting the shareholders value.

Remember we still have 3 million shares (2.5%) that have not been promised as part of some convertible instrument.