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To: george eberting who wrote (801)1/9/1999 10:45:00 AM
From: equalizzer  Read Replies (2) | Respond to of 1530
 
In any acquisition the shareholders always have a choice. They could choose to be bought out or could accept stock in the new company at the new price.

The facts here are simple. You currently have a company on the Bulletin Board with a large fully diluted stock position,reasonably small float but shares due under 144 rules that could increase that float a great deal.

You have no investment banker support, small accounting and law firms and a segment, Kiosks that looks difficult to access and very hard to sell to the markets.

We will soon know what is in the cards. There are probably other issues that Eric has not taken into account which may delay the process. One being the warrants. Looking at the companies capitol structure it is clear that the warrants will need to be dealt with and their eventual disposition will factor into valuation.

Keeping this in mind I would predict all shareholders will know what is happening and the process will be completed by the end of February.

I think we can all agree that any move away from a shell bulletin board non-reporting company is a great improvement.