Dexsil Corporation - Page 9




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               At trial Lynn testified:                                               
                    A  Obviously, I'm the president and the chief                     
               financial officer.  I also attend every sales meeting,                 
               every research meeting.  I worked nights on installing                 
               the equipment and moving into the new facility.  I keep                
               up with the literature.                                                
                    I don't run the day-to-day operation but I have                   
               meetings with the vice president, the sales manager                    
               when he's in town and not on the road.  I'm involved                   
               with the research and development of all the new                       
               products.                                                              
                    Q  And who deals with the banks and the lawyers?                  
                    A  I do.                                                          
                    Q  Who deals with the shareholders?                               
                    A  I deal with the shareholders.                                  
                    Q  And do you have an estimate of how many hours a                
               week in '89 and '90 you devoted to the interests of                    
               Dexsil?                                                                
                    A  In those years I probably put about 50 hours a                 
               week at work, at the plant, and to some of the shows.                  
               I take reports home that are prepared by the                           
               consultants and the research director and go over lab                  
               results and I do that at home.                                         
                    I also meet with shareholders and consultants at                  
               night and that type of thing.                                          
                    Q  Taking the time at the plant and at home that                  
               you spend on Dexsil matters, approximately what would                  
               that come to a week during -- in your best judgment --                 
               during the years 1989 and 1990?                                        
                    A  Maybe 60 to 65 hours a week.                                   
          The day-to-day operations of the company were overseen by                   
          T.D. Lynn, the vice president and general manager.  According to            
          petitioner, all employees reported to T.D. Lynn, before they                





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