Jeff, 

The release that Jacques prepared provides for the payback of any utilities that I have been paying since 4/20.  You might mention to them that we need to get the utilities settled up before we pay the $11,000.  It might be a good idea to go ahead and have the utilities transferred so we can get the final amount since 4/20.

Also May 20th was supposed to be the 1st payment on the two notes.  But I have not received payment on either.

Let's try and wrap this up this week.

Phillip

 -----Original Message-----
From: 	"Jeff Smith" <jsmith@austintx.com>@ENRON [mailto:IMCEANOTES-+22Jeff+20Smith+22+20+3Cjsmith+40austintx+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Tuesday, May 29, 2001 1:51 PM
To:	Allen, Phillip K.
Subject:	The Stage

The kuo's are having their attorney look at the agreement.  They need to
transfer their onwership into a LLP with your consent before they can sign
the agreement.  Pauline is contacting the bank for their consent also.  You
may need to sign a consent form to transfer the LLP.  I will keep you
posted.

Jeff Smith
The Smith Company
2714 Bee Cave Road, Suite 100-D
Austin, Texas  78746
512-732-0009
512-732-0010 fax
512-751-9728 mobile