Rim Semiconductor Company (fka RSMI)

[Hound]

Spoke:

Two days ago when I asked you my question about the 8-K, I did so to obtain your opinion on the true extent of possible dilution. When you replied, I considered your answer and acknowledged I was not disagreeing with your conclusions about the funding.

I followed up with you on the subject because you then stated later that it would take more than 900MM shares to cover the debentures. I read the 8-K some more and was only pointing out that it appears that there is no duty to supply an endless or floorless amount of shares as you were atleast implying.