Hemi Energy Group Inc. (fka HMGP)

[lowman]

I suggest everyone to take advantage of this rare opportunity to address this matter where it may actually be heard. I also suggest mentioning NITE in particular, as NITE has seemed to have grown to such a capacity that it appears they feel they can 'run the show' on any stock, at any time they please.


Dear XXXXX

Thank you for contacting the SEC.

On August 7, 2007 the SEC posted new amendments to Regulation SHO. The elimination of the market maker exception is now under the comment process. The proposed rule can be found at http://www.sec.gov/rules/proposed/2007/34-56213.pdf.

There is a 30 day comment period. Please see pages 7-8. You can find the comments to this rule at http://www.sec.gov/comments/s7-19-07/s71907.shtml.

You can send in your own comments at http://www.sec.gov/cgi-bin/ruling-comments?ruling=s71907&rule_path=/comments/s7-19-07&file_n....

The summary section of the release states:

The Securities and Exchange Commission (“Commission”) is re-proposing amendments to Regulation SHO under the Securities Exchange Act of 1934 (“Exchange Act”). The proposed amendments are intended to further reduce the number of persistent fails to deliver in certain equity securities by eliminating the options market maker exception. In addition, we are requesting comment regarding specific alternatives to our proposal to eliminate the options market maker exception.

You can find Section 10 at http://www.law.uc.edu/CCL/34Act/sec10.html

You can find Rule 10b-5 at http://www.law.uc.edu/CCL/34ActRls/rule10b-5.html

You can find all the securities rules and regulations at http://www.law.uc.edu/CCL/xyz/sldtoc.html.

You may wish to file a complaint with us. You can file a complaint via the SEC website at: http://www.sec.gov/complaint.shtml.

For information on how we handle complaints, please see our publication at: http://www.sec.gov/investor/pubs/howoiea.htm.

I hope this information is helpful.

Sincerely,


CHRISTOPHER H. WILSON
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
[phone]