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Re: pengy post# 14586

Saturday, 08/02/2003 10:37:10 AM

Saturday, August 02, 2003 10:37:10 AM

Post# of 78729
pengy says, "I am still for this issue on the proxy. Yes, there are alternatives, but they are in no way advantagous to us as Shareholders from what I have seen."
The projected 4-8 month period to test the prototype is about up, why not wait until we get a report to see if a successfully-tested prototype can be used as collateral? Thus, not having to authorize so many shares and possibly saving unnecessary dilution.

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