PowerLinx Inc (PWNX)

[BillBranum]

This is the e-mail I sent

To: "Seaview Video" <[e-mail]>
Subject: 2 for 1 splits on SOME shares

To: Rich McBride

From: Bill Branum

March 12, 2001


Greetings,

Rich,

I have a serious concern about the 2 for 1 split granted to the original purchasers of the debentures. On what basis was this done? For what reason?

The reason for my concern is that this action lends a “Ponzi” flavor to things. I am a stockholder, but this concerns me. Looking forward to your answer.

Bill Branum


I have not received an answer.

Bill Branum