Funr (FUNR)

[SharonB]

Sent following e-mail to co.
Dear Mr. Kadrija Hamzic, CEO & President
Info: Mr. Radomir Popovic, Vice President
I just heard about the 150:1 Reverse Split effective tomorrow, August 27, 2007. Some of the investors as well as myself are asking why a reverse split. Why now? Why 150:1? What is the purpose and gain Innotelco will get from this action.

During today’s trading, from about 2:15 to 2:30 the share price dropped to .0002. Our share price per share has been falling on reduced investor interest as indicated in the gradual reduction in trading volume. The lack of information from Innotelco can be directly linked to trading volume.

Many are concerned that if the flow of information continues in the same manner as it has this past year, the price will drop from what it opens at tomorrow to what it closed today at .0002. It will have to hold at .03 cents a share just to equal today’s close which was a loss of 66.67% from the days open. Without news, what is to stop another drop to .0002.

I’ll be happy to post any reply to the Investors Hub message board for Innotelco investors.
SharonB