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To: Steven Finkel who wrote (47)	2/8/1999 4:45:00 PM
From: Life Coach	Read Replies (1) \| Respond to of 1296

If the warrant refers to the ability to buy plcop, which i doubt, then you have something. Hi Steve, I think I have something. From the company's S-3 filing dated Sept. 25, 1998: edgar-online.com The Offering Securities Outstanding: Prior to the Offering (1): Common Stock 4,103,525 Series E Stock 5,883,903 Series E Warrants(2) 2,000,000 After the Offering: Common Stock(3) 4,553,525 Series E Stock(4) 6,633,903 Series E Warrants(2) 2,000,000 Risk Factors This offering involves a high degree of risk. See "Risk Factors" on page 7. Use of Proceeds All proceeds generated by this Offering will be paid to the respective Selling Securityholders; none of the proceeds will be paid to the Company. All expenses of this Offering will be paid by the Company. (1) Does not include (i) 35,303,418 shares of Common Stock issuable upon the conversion of the 5,883,903 shares of Series E Stock outstanding; (ii) 50,000 shares of Series E Stock issuable to CRG for expenses in accordance with the CRG Consulting Agreement or the 300,000 shares of Common Stock into which same are convertible; (ii) 700,000 shares of Series E Stock and 450,000 shares of Common Stock issuable upon the exercise of options granted in accordance with the CRG Consulting Agreement; or (iii) the shares of Series E Stock (or Common Stock issuable upon conversion of same) issuable upon exercise of the Series E Warrants. Includes (i) an aggregate of 50,000 shares of Series E Stock issued to Richard Brady and Harold Rashbaum in March 1998 subject to a vesting schedule; (ii) 1,533,333 shares of Series E Stock issued to ABC Fund, Inc. in June 1998 in connection with the Company's conversion of $1,533,333 debt into equity; and (iii) 100,000 shares of Series E Stock issued to UTTC in July 1998. (2) Each warrant grants the warrantholder the right to purchase one share of Series E Stock at an exercise price of $5.00 per share until December 29, 2001. (3) Includes 450,000 shares of Common Stock issuable upon the exercise of options granted to CRG and affiliates pursuant to the CRG Consulting Agreement. (4) Includes (i) 50,000 shares issuable under the CRG Consulting Agreement for expenses; and (ii) 700,000 shares issuable upon the exercise of options granted to CRG and affiliates pursuant to the CRG Consulting Agreement. (5) Quotation on the OTC Bulletin Board does not imply that there is a meaningful market for the Company's securities; nor does it imply that if a market does develop, it will be sustained for any period of time. Steve, as you can see in item 2 that I bolded, the warrants are referring to the Series E stock which is the preferred stock. This would make the PLCOW (preferred warrants) a great bargain in addition to the PLCOP (preferred stock).

To: Steven Finkel who wrote (47)	2/8/1999 4:52:00 PM
From: Life Coach	Read Replies (2) \| Respond to of 1296

From the same filing, a clarification of the three stocks: The Company's Common Stock, Series E Stock, and Series E Stock redeemable purchase warrants ("Series E Warrants") are quoted on the over-the-counter market on the OTC Bulletin Board under the symbols "PLCO," "PLCOP," and PLCOW," respectively. Quotation on the OTC Bulletin Board does not imply that there is a meaningful sustained market for the Company's Securities or that if one develops, it will be sustained for any period of time. This confirms that the warrants refer to the Preferred stock.