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Re: marcos post# 504

Monday, 12/09/2002 12:51:39 PM

Monday, December 09, 2002 12:51:39 PM

Post# of 8659
Marcos that 80-100mm was an old guesstimate of mine, and I was a little underestimating it... it's all spelled out in this 8k.

http://www.freeedgar.com/search/ViewFilingsData.asp?CIK=869531&Directory=1023175&Year=02&...

On or after December 31, 2002, Mr. Pfeffer may convert all or a portion
of the principal amount of the Convertible Debenture (and interest that
accrued through December 31, 2002) into shares of Common Stock at a price of
$.03 per share. If the entire outstanding Convertible Debenture were converted
on December 31, 2002, Mr. Pfeffer would receive 104,646,695 shares of
restricted GEII Common Stock.


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