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timhyma

12/10/01 4:36 PM

#362 RE: KauaiPI #361

OT: KP,
Stated a BTS board here on ihub. Kind of a spin-off for those that have a hard time with Yahoo. Forum is a little different, but I think the foundation is good.

http://www.investorshub.com/boards/board.asp?board_id=865

Take care- Tim

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Golfdaddy

12/10/01 8:02 PM

#363 RE: KauaiPI #361

KP - What is the significance of the S-8 filing?

Does it mean that the shares are immediately free trading?

I find it interesting that the Law firm has a price adjustment clause while the others do not.

Optimistic view: The lawyers\consultants have faith in the company to take shares in leu of payment.

Pessimistic point of view: Cash flow is so poor that they cannot pay their bills and hope the open market can be used to pay creditors.

I guess time will tell.