------**EMAIL FROM** Stephen A. Gurba President, CEO----------------- bulova time <slgurba@bulovatech.com> To xxxxxxxxxxxxxxxxxxxxx Aug 9 at 2:58 PM Sir I have done acquisitions with some convertible debt and over my time at Bulova, 15 million of my own money These acquisitions will have this company back over 40 million in sales annually in our new fiscal year Oct 1 through Sept 30 It makes no sense to convert at these prices and they are almost out of conversion rights Quote: I again assure you I and my family have sold no shares. Further more I am in for the long hall Feel free to call me and I will buy your shares for a fair price Slgurba