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MMMARY

07/16/01 3:39 PM

#318 RE: sarals #317

"They were gonna get 25M
Now only 15M"

That's a bad thing. Less money, same devastating effect on the share price.

"There was no collateral before on RGC loan, now there may be if shareholders don't approve of more dilution."

This confirms that they think the astn longs think there is value in vwap. vwap is not profitable. It is still a money drain. I see no value at this time. This is a psychological ploy, in my mind. It's like holding a person hostage. Physical value of a human is $11 I think in terms of minerals and such. Emotional value is another thing.

>Also, Ashton would now have the cash to continue progressing with eVWAP.

this is good for BOD as they will continue to draw salaries and self deal. This is not good for the shareholders. More dilution, share price will go down. vwap burns money. Vwap continuing does not generate profits. It's a money drain. This is a bad thing.



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Just say NO to stock fraud!