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Gold/Mining/Energy : t. upton resources -- Ignore unavailable to you. Want to Upgrade?

To: Method who wrote (43)	5/3/1999 11:54:00 PM
From: Fuller	Read Replies (1) \| Respond to of 86

I just looked over the annual report.I see what you mean,but one thing puzzels me.At the annual meeting on May 19 / 99,One of the things on the agenda # 6 , passing a special resolution to reduce the stated capital of the common shares by an amount equal to $45,113,181.,being the corporations deficit as at Dec. 31 / 98. This will reduce the deficit to nil as of Jan. 1 /99. Could someone please explain how this works, and how it effects the stock holders.