Michelle, this barely intelligible email contains the draft letter from 
Noxtech's President, Ralph Slone.  We averted this crisis by advancing 
Noxtech $50,000 against the expenses incurred on our behalf by Noxtech that 
are reimbursable under the License Agreement.  I spoke with Ralph Slone 
today, by the way.  He thinks PBCC, his lender, will have comments back on 
the Warrant Agreement today.  I will keep you apprised.

Best regards,
Vince

---------------------- Forwarded by Vince Middleton/HOU/ECT on 11/27/2000 
05:30 PM ---------------------------


"Ralph Slone" <rslone@noxtechinc.com> on 10/15/2000 04:47:24 PM
To: "Vince F. Middleton" <vince.middleton@enron.com>
cc:  
Subject: Program funding



Vince, cannot make its payroll for the end of  the month (October) if it does 
not receive the advance to cover our expenses as  described in attached 
letter. I have not sent the letter to Mike or George. I  would prefer to 
resolve this problem between you and I. If I haven't received a  definitive 
answer from you by Monday afternoon I will take that to mean no. I  will then 
send the letter to the Cc list. Regards.?  
 - enronfund.doc