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To: Tropical who wrote (405)	1/8/1999 1:08:00 PM
From: Michael Harb	Read Replies (1) \| Respond to of 688

What is there positive to discuss? As I see it, we have CEO of our company taunting shareholders on the internet and filing frivolous lawsuits against them. $30 mil a piece, all the while calling us "girlscouts" etc.. I don't believe the site has been open for wagering for quite some time. CEO is stonewalling in producing financial and other documents to shareholder's attorney which was granted by the court several months ago. CEO now claims without the lawsuit we could be public in 60 days. Have we heard this one before? Red Dot, USAG, Rangestar... Why should the shareholders drop the suit for the next fiasco? And if we do go public, what does that get us at this point? Right now we are a worthless, heavily indebted private company. We will be a worthless, heavily indebted public company. Most shareholders will be looking to liquidate in hopes of getting a fraction of a penny on the dollar. Stock would have no value. What happened to stockholder's meeting? If CEO wants the shareholders to drop the suit (I am not a plaintiff in the suit)...but my opinion is... 1. CEO should provide documents as required by the court. Shareholders have a right to know what happened to $15-20 million dollars. If WWWC can not account for where money went, then we have much bigger problems. 2. Full accounting of shares. How many shares outstanding? 3. At least 2 shareholders on board of directors with FULL access to WWWC's books on demand. 4. Disclose what happened to the four 2million dollar deals announced in the Orange County Register article. Right now, I feel shareholders have nothing more left to lose. Most of us have come to terms with the fact that our money is gone. If Peter wants to take this company public, he needs to come clean with the shareholders and work with us. mike