Hubert Enterprises, Inc. and Subsidiaries, et al. - Page 12

                                        -12-                                          
          4/29/96      50,000.00           -0-          1,545,684.38                  
          5/13/96      50,000.00           -0-          1,595,684.38                  
          6/6/96      50,000.00           -0-          1,645,684.38                   
          6/10/96     100,000.00           -0-          1,745,684.38                  
          6/28/96      50,000.00           -0-          1,795,684.38                  
          7/2/96      75,000.00           -0-          1,870,684.38                   
          7/12/96      50,000.00           -0-          1,920,684.38                  
          7/31/96      50,000.00           -0-          1,970,684.38                  
          8/21/96      50,000.00           -0-          2,020,684.38                  
          9/5/96      75,000.00           -0-          2,095,684.38                   
          9/10/96      50,000.00           -0-          2,145,684.38                  
          10/8/96      50,000.00           -0-          2,195,684.38                  
          10/21/96      50,000.00           -0-          2,245,684.38                 
          11/12/96      50,000.00           -0-          2,295,684.38                 
          12/2/96      50,000.00           -0-          2,345,684.38                  
          1/9/97      26,000.00           -0-          2,371,684.38                   
          1/21/97      15,000.00           -0-          2,386,684.38                  
          1/27/97       5,000.00           -0-          2,391,684.38                  
          2/5/97      13,000.00           -0-          2,404,684.38                   
          2/12/97      11,000.00           -0-          2,415,684.38                  
          2/14/97       5,000.00           -0-          2,420,684.38                  
          2/19/97       5,000.00           -0-          2,425,684.38                  
          3/6/97      15,000.00           -0-          2,440,684.38                   
          7/14/97          -0-         $43,418.06       2,397,266.32                  
          HEI did not establish a written schedule for repayment of any of            
          these transferred funds (or interest thereon), and HEI never                
          demanded that ALSL repay any of the funds (or interest thereon).            
          HEI never required that ALSL pledge any of its assets to secure             
          repayment of any of the transferred funds, and ALSL never pledged           
          any of its assets to secure such repayment.  HEI never required             
          that ALSL’s members pledge security for repayment of any of the             
          transferred funds, and ALSL’s members never pledged any such                
          security.  ALSL’s members never agreed to personally guarantee              
          repayment of any of the transferred funds.                                  
               On or as of July 31, 1996, HEI recorded on the ALSL note               
          that it was entitled to accrued interest of $93,200.  This                  





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