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(a) Article I - Definitions. As indicated, the Plan lists a number of definitions of common terms that may arise under the Plan or Disclosure Statement. Said definitions may assist creditors in understanding terminol- ogy under the Bankruptcy Code. (b) Article II - Classification of Claims and Interests. Article II establishes three classes of claims: Class One - Class One consists of claims for administrative costs and expenses as defined under Section 507 (a)(1) of the Code. It is anticipated that this class of claims, other than for attcrneys fees and accounting expenses, will amount to a sum less than 51,000.00. Addi- tionally, the legal fees of debtor's counsel, the Law Offices of John M. Franks, P.C., are anticipated to be less than 55,000.00. It should be noted that provisions can be made with certain entities entitled to administrative costs and expenses whereby they defer or agree to accept payment on an installment basis. Class Two - Consists of payment of 525,000 on a priority basis to Springer Building Materials, Inc. Class Three - Consists of the allowed claims of debtors unsecured creditors. Debtor believes that the unsecured creditors have allowed claims totaling 51,000,000. (c) Article III - Claims and Interest not Impaired Under the Plan. The Plan indicates that Classes Two and Three are impaired under the Plan of Reorganization. (d) Article IV - Treatment Unsecured Claims. The Plan informs interested parties that the Debtor has been working with Durango Coal Company (DCC) on the Coal Culch Mine site five miles west of Durango, Colorado. As is outlined in detail in the Plan, DCC as opposed to Peerless shall be the entity funding the Plan. Further, as outlined, DCC first seeks to contribute 51.50 per ton of coal mined and sold to an escrow account at Sun west Bank of Albu- querque, New Mexico until 5140,000 is deposited in escrow. When this amount is deposited, Peerless would obtain a certificate of deposit in the amount of 5140,000 and replace the 5140,000 letter of credit posted by Springer Building Materials, Inc. as the bond with the Colorado Mined Land Reclamation Division so that Peerless could obtain its coal mine permit. DCC would also set up a creditors' fund by contributing S1.50 per ton of coal mined and sold to be distributed quarterly and on a pro rata basis to creditors as to the principal amount of their claims. The Plan notes, however, that DCC would pay off 525,000 to Springer prior to any distribution of the fund to creditors.