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jking83378

06/16/03 5:18 PM

#7441 RE: fung_derf #7436

fung.... Vince has stated..

1. "That if I do a deal with PCBM, not saying I will, I do not want a lot of O/S shares in All Pro or the new entity."

2. The stucture will still be 51% for me and 49% for the
shareholders.

3. That is why he is not concerned about the total number of
O/S as the R/S will take care of all those shares out there.

4. I also repeat what I've said before that Vince said " that
those that are not in at these prices, if I do a deal, not
saying I will, will be in trouble.

5. The R/S price will be based on the current share price. He says " no one should lose..what's the difference of one share at .0002 or, pick a number of shares x .0002."

# 4 and # 5 are a contradiction and if you say Vince does
not want a R/S his strategy is also a contradiction.

John





John