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      Permission Pending

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Subject: Permission Pending

Date Posted: 07/23/2001

George Bugh's employer has taken issue with his working with the Vasant Corporation to sell his science files.

Already two of three legal departments have given him permission to proceed but there is one hold out and we hope soon to have the matter resolved. However, until this is cleared up we can not at this time sell the CD of these science files and instructional video.

More specifically, his employer's legal counsel for staffing and human resources has given Mr. Bugh permission to engage in an outside business of working with the Vasant Corporation to sell these science papers. In addition, the legal department for communications and publications has given permission to publish these science files as long as there is no reference to Mr Bugh's employer. However, the legal department for patents and intellectual property is reviewing Mr Bugh's science files and is not giving Mr. Bugh permission to proceed until their approval. They have stated that approval will be granted if they find that there nothing that is in conflict with existing company business ventures and if these files are not of future business interest. They initially said their decision would come rather quickly after looking over the files however it is taking much longer and they are not returning calls so we are waiting.

Please check back in a month and we hope to have the matter resolved and again offer these files for sale.

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