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To: Dave Gore who wrote (30136)	6/4/1999 5:01:00 PM
From: Zeev Hed	Respond to of 44908

Dave, I fear that Gordon really do not understand what the company has signed. The company did not sign that no more than 52 MM shares will be allocated to the PP (that would be, I presume on $10 MM in debenture something like $.20 per share), the document the company executed requires the company to go back to the shareholders and ask for increases in the number of authorized shares and if the 52 MM are not sufficient, to register in consequent SB-2 additional shares. In the case of TTRIF, the management got tired of asking for additional shares and they finally asked for "unlimited shares", and guess what, the share holders of TTRIF are getting unlimited number of shares alright (north of 250 MM at last count, for 25 MM 30 month ago). I think that Gordon "hope" he will not need more than an additional $2.2 MM, but until results are coming in, he really cannot know that he will not need additional money from the PP. So far, his business planning was far from stellar, lets hope he learns from his prior mistakes. Zeev

To: Dave Gore who wrote (30136)	6/4/1999 6:01:00 PM
From: secureit	Respond to of 44908

Thank you Dave for sharing your conversation with RG/Tsig to the thread. There is no question that we the shareholders(and RG) would have preferred conventional financing to the PP, but that is all the company could get at the time. So as shareholders we must rally behind the company and hope they execute the BP and revenues go positive by October as RG predicts. If that happens, then the stock price will go up and things will get better in a hurry. All Good Regards; Paul PS IMHO I believe the company has a very good business plan and a high probability of generating positive cash flow by 4th Q this year.