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Subject: Information Update on Perix Date: Mon, 05 Feb 2001 20:02:33 -0500 (EST) From: MarkRsea@aol.com To: ROB-GRETCHEN-DAVIS@email.msn.com, moryak@worldnet.att.net,anchoraweigh@caltel.com, zaverukha@worldnet.att.net, akoola@juno.com,KKKobe@kh.rim.or.jp, MNJC@home.com, SUMMITEERS@worldnet.net, Igo2c@aol.com,JOJOLA7@aol.com, charryl@pacbell.net, sakae_yamamoto@ccgate.apl.com,skuwada_ilms@msn.com, SAUTNERS@pacbell.net, CAPTPWF@aol.com,jimbo@pacifier.com, CatRsea@aol.com, merahma@boracap.i-next.net,SeaBaggg@aol.com, ICEAXXE@aol.com, cregan@juno.com, jules@shasta.com,LADAIR@directcon.net, ADAIR6@prodigy.net, jer@oregon.uoregon.edu Good day all: I want to update you on some events regarding Perix. I have tried to contact them today via telephone, web site and email and I'm not having any luck. I presently don't know if they are in business or been bought out by another firm or what. The Web Site I tried: perixindustries.com connects me to another firm SRS Consulting. Email address: perixgroup@aol.com gives the following error "This is not a known member" Telephone number 714-923-2612 and fax number 714-923-2601 are continuously busy. If you have the correct contact numbers, please let me know. Some history: Oct 4, 2000, Chairman of the Board for Perix Industries, Mr. James E. Reinmuth stated in an email, "I will personally commit to the preparation of a Perix newsletter within the next 60 days which summarizes the results of negotiations with several potential joint venture partners, and our plans for Year 2001." I have received no information. Mr. Reinmuth's letter was in direct response to the concern raised by several shareholders on the lack of information on our investment. If anyone has received the newsletter, please email me and I'll forward a check to you to mail me a copy. Nov 8, 2000: Letter sent to Perix Industries by attorney Zachary A. Wright of Short, Cressman & Burgess, PLLC on behalf of myself requesting financial information of Perix. As per Mr. Wright, I quote the following, which was sent to Perix in the letter: QUOTE California corporations are required by law to make certain information available to shareholders. First, an annual report must be provided to shareholders within 120 days of the end of the corporation's fiscal year, unless this requiremetn is waived by the corporation's bylaws. Cal.CorpCode 1501(a). Even if the requirement is waived, the corporation must provide a year-end financial report to a shareholder within (30) days of the shareholder's request for it. Cal.CorpCode 1501©. This year-end financial report must contain a balance sheet and an income statement, as well as a statement of changes in financial position for the fiscal year. It must be accompanied by a report of the corporation's independent accountants or, of there is no such report, a certificate signed by an authorized officer of the corporation that the statements were prepared accurately and completely from the books and records of the corporation. Second, California law requires that corporations make available to shareholders "accounting books and records" of the corporation, as well as the minutes of any proceedings of shareholders, the board of directors or committees of the board of the corporation. Cal.CorpCode 1601. This definition encompasses all books of account, accounting journals, share registers or duplicate share registers. We hereby demand that you copy and mail to us the information that must be made available to Mr. Remijan under California law no later than thirty (30) days from the date of this letter. UNQUOTE My attorney or I have not received any word or information from Perix regarding this request for financial information. Mr Wright advises that I could file a lawsuit for a writ of mandamus or other order to obtain this information from Perix. California law Cal.Corp.Code 1603 and other applicable law also provides for payment of all costs and attorneys' fees by the corporation in the event that the shareholder is required to file suit to obtain the information. If anyone has further information about whether Perix is still in business, I would appreciate an email. Something tells me that it doesn't look good for us. I hope that I am wrong. Thanks and best regards, Mark Remijan MarkRsea@aol.com 206-782-3278
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