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To: proud dad who wrote (11056)1/7/1999 11:23:00 AM
From: bob  Respond to of 16988
 
This is from the Nov. 16 PR.

''On November 13, 1998, the restructuring program was completed by the combination of
common shares outstanding five to one, and the combination of Series A, B preferred
shares outstanding five to one, reducing common shares outstanding to approximately
11,000,000 shares, and leaving almost 40,000,000 common shares in the treasury, all
without the necessity of any additional common stock being authorized. To effect the
combinations, all shareholders will be required to exchange their certificates for new
certificates so that the new CUSIP number can be imposed.''



To: proud dad who wrote (11056)1/7/1999 11:28:00 AM
From: Frank Fontaine  Respond to of 16988
 
I see 12,607,876 shares O/S as of Nov. 20, 1998. I don't know what You mean by the other day. It's on the Web Site.



To: proud dad who wrote (11056)1/7/1999 11:30:00 AM
From: Sean Salisbury  Read Replies (1) | Respond to of 16988
 
Thanks Frank,

I think Tom has adopted a practice used by Alan Greenspan.

He has issued another 7 Million in December. I would guess this has landed him 1-2 million in cash.

He has Series B convertible issued, which could make the outstanding number even higher, should the date for conversion come due.

I hope his printing stops soon. I think we need to contact him and find out why.