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To: GlenRP who wrote (1557)	2/2/1999 8:28:00 PM
From: GlenRP	Read Replies (2) \| Respond to of 1587

Hey does anyone know if Peter Huff is still with the company or not? I noticed that he was not listed as an officer or director at their new web site.

To: GlenRP who wrote (1557)	2/2/1999 9:40:00 PM
From: MonteChristo	Respond to of 1587

Glen, I guess I would if I was on the loosing end of the suit. If I'm not going to win the bankruptcy deal, which really doesn't put a lot of money in my pocket and it sure doesn't put any shares in my vault, then I'm going to settle. At least I can get some shares/cash out of the deal. I believe this was the whole point of the exercise to begin with. If I was trying to force bankruptcy on LONE what would I get out of the deal. Well, they'd go on the block and I'd be on the list of creditors along with everyone else. What % would I get then? I'd do just what they have done. Take the money and run. LONE is smart not issuing shares. REAL smart. You give these guys shares and boom, they're off covering their short position (if it exists). If not, then boom they're off shorting the stock to double dip on their newly found shares. Pay them cash. Be done with it. Wash away your sins and be done with it. Does it excuse them from the RICO suit? Don't really know. I would imagine not. If LONE is concerned enough that they are giving away cash for the debenture buyback then I'd say these guys are not the best intentioned. Could have been a deal cut, but I honestly don't know. I may be wrong, but I think Judge Hunter has to approve of the settlement. My guess, and I don't know everyone's position because we don't have financials, but you are correct, get the two smaller ones to cave in the big fish. The other point you brought out was that shareholders could continue the suit. If you look at the release, shareholders are part of the RICO suit. Now if the company does the deal I don't think they can excuse them from the RICO case if other interested parties are involved. Course maybe they got permission. Even at that point though I would think they would need to get the RICO judge to sign off on it then. (talking, scratch that, TYPING out loud). Hey, off topic. Anyone ever tried that Via Voice program. I sure could use it but I'm too cheap to lay down the $100.00 until I know someone who uses it and likes it. Don't know if Black Sea has been added or not to the RICO suit. If I ever get the time for $.60/minute I can tap into the court records in California and find all that stuff out. Honest, I'm tied up all day long these days. To the best of my knowledge Peter is still with the company as CEO. Haven't talked to anyone in a while. The old web site never had him listed either. Not sure but that's a good question. He's a power player in this game if you remember: "Mr. Huff was president of American General Life Insurance of New York, a wholly-owned subsidiary of American General Corporation, for sixteen years before starting Huff & Company. Mr. Huff spent 35 years in the industry, starting as a General Agent with his own agency and moving to management positions with U.S. Life Corp. and American General and its subsidiaries before becoming president.Mr. Huff, currently a member or officer of several boards and associations, has been the chairman of the board of Life Insurance Council of New York, chairman of the Advisory Council to the Superintendent of Insurance, and chairman of the Broad Gauge committee, which consists of New York domiciled life insurance company CEOs and past presidents of the New York State Life underwriters." Alright, I've put my typing in for tonight. Check in with you all tomorrow or the next day.