IN: Anthony, Why GTC. We have a new master that is in the system thay was signed within the last 3 weeks. Put the transaction under the new master. Any questions, call me!!! !

Generate a subject line.

OUT: New GTC - Over 6 Months

IN: Mark, The word on the street is that the NewPower folks are getting further in trouble (ie) strange trading activity, etc. Looks and smells a little like the old EES. Couple of opps: - get another shareholder on-side and demand an Enron led audit to confirm financial and operating health; - followed up by hostile exit of mgt team if significant issues arise. Issues: - obviously pushes us into another level of complicity/fiduciary in a blow up or bankruptcy not unlike the issues we faced with Kafus et al; however, given our continued interest a significant control issue could result in a significant acceleration of a write-off of our existing position plus any outstanding credit. I would recommend we force the management team to submit to a detailed audit as a part of a united shareholder iniative - Lets discuss. Rick Buy, what is our current credit position? Greg/John, do you have a view on this one? Rick Causey, we probably need a more "permanent solution" ot the NewPower issue. Regards

Generate a subject line.

OUT: NewPower

IN: Hi Kam, Could you send us your updated address? Yahoo says you still live on 4444 Westheimer, which I know is wrong. We would like to send you a wedding invite. Have a happy holiday. Take care, JR

Generate a subject line.

OUT: Your Address

IN: Dear Chris: At the request of Gerald Nemec, please find attached our confidentiality agreements for Black Diamond Energy, Inc. and Shell Capital. Please note that for Shell it is important that we verify and perhaps correct the exact entity name. Best wishes,

Generate a subject line.

OUT:
CAs for Black Diamond and Shell Capital