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Non-Tech : The Children's Beverage Group (TCBG) -- Ignore unavailable to you. Want to Upgrade?

To: Earl Falwell who wrote (2194)	12/10/1998 9:24:00 PM
From: Cavalry	Respond to of 2452

Restricted preferred shares didn't know there was such a thing cav

To: Earl Falwell who wrote (2194)	12/11/1998 1:21:00 AM
From: Mister_Ex	Read Replies (1) \| Respond to of 2452

You are right Earl. Jon's common stock is restricted and doesn't become tradable until June or July '99. After that he can only sell 1% per quarter. I believe he owns 40% of the common. He also owns a ton of preferred stock that doesn't trade but the voting rights for this stock essentially guarantees him control of the company. He's a smart man to make his life simpler. No committee decisions to slow things down, get in the way, or other decision makers to blame if things don't go well. This is Jon's baby - streamlined for success if he plays his cards right. As I said before, he has every incentive to maximize the value of the company. Mister Ex