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Re: None

Wednesday, 05/01/2002 1:12:34 PM

Wednesday, May 01, 2002 1:12:34 PM

Post# of 14671
GG, many of the things I referred to would be regarded as material events.
Fact: public companies have a legal obligation to keep shareholders appraised of material events. The absence of PR's in regard to many of the questions I raised show that these material events have not occurred as a matter of fact. If they had, the co. would have set off PR's to that effect rather than face regulatory or legal repercussions of not not having published material events. There is an army of lawyers who file class action lawsuits for breach of trust in keeping shareholders informed of material events. In the absence of PR's to the contrary, I can surmise as fact that the material events stipulated have not occurred since if they did occur mngt. would have a legal obligation,if not a regulatory obligation to inform the shareholders. PS it would be a material event for Avi to convert the first 2 million shares of his warrants. If it has already occurred, he has 10 days to submit a form 13G.

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