crown energy spoke oscar wyatt afternoon crown subsequently tom bachtell attorney utah attempting organize shareholders replace existing management crown asphalt oil sand production facility northeast utah asphalt distribution company bachtell owns 4 5 stock mr wyatt indicated small holding indicated would consider proposal might result salvaging value investment hold convertible preferred small amount common original cost 5 5 million 1997 fully converted ownership would approximately 25 company net deficit 21 million going concern paragraph audit opinion written carrying value nil company engaged arbitration proceeding mcn energy mcnic pipeline mcnic interests asphalt assets lender crown mcnic attempted foreclose certain crown assets crown turn counter sued 100 million arbitration hearing held july 23 august 10 crown obtained award arbitration value could restored investment get information bachtell details plans recommend position enron take matter