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08/23/01 9:44 AM

#11739 RE: Francois+Goelo #11735

FG - Did SEVUs 2000 PP offering disclose RLMs felony fraud probation?

I saw in successive SEC filings that SEVU lowered the conversion price on these debentures several times causing increased dilution to other shareholders.

Did SEVU do this because of potential legal and regulatory problems with that PP?