PK Ventures, Inc. and Subsidiaries, et al. - Page 111

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          promissory notes were signed by Rose alone; they were neither               
          attested to by a witness nor notarized.                                     
               On December 31, 1989, Rose executed a PKVI LP promissory               
          note in favor of PK Ventures in which PKVI LP promised to pay               
          PK Ventures the principal amount of $448,646 ($448,646 promissory           
          note).  The $448,646 promissory note reflected the aggregate                
          amount of cash that had been transferred from PK Ventures, TBPC,            
          and TPTC to PKVI LP from 1986 through 1989.                                 
               PK Ventures, TBPC, and TPTC made cash transfers to PKVI LP             
          totaling $647,605 during 1990.  On December 31, 1990, Rose                  
          executed a PKVI LP promissory note in favor of PK Ventures in               
          which PKVI LP promised to pay PK Ventures the principal amount of           
          $1,096,250 ($1,096,250 promissory note).  The $1,096,250                    
          promissory note reflected the aggregate amount of cash that had             
          been transferred from PK Ventures, TBPC, and TPTC to PKVI LP from           
          1986 through 1990.                                                          
               PK Ventures, TBPC, and TPTC made transfers to PKVI LP                  
          totaling $419,995 during 1991.  On December 31, 1991, Rose                  
          executed a PKVI LP promissory note in favor of PK Ventures in               
          which PKVI LP promised to pay PK Ventures the principal amount of           
          $1,516,246 ($1,516,246 promissory note).  The $1,516,246                    
          promissory note reflected the aggregate amount of cash that had             
          been transferred from PK Ventures, TBPC, and TPTC to PKVI LP from           
          1986 through 1991.  At the time that Rose signed the $1,516,246             






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