Thursday, October 18, 2007 10:50:06 AM
Dear Mr. Kadrija Hamzic: October 16,2007
Info: Radomir Popovic
We really need to know if this is a dead end company. Are we still actively engaged in the commodity markets? What is the company strategy going forward? It would also be appreciated explaining the reason for the reverse split which did so much damage to our investments.
FYI: As a reminder from an e-mail to me.
Dear Sharon:
Thank you for your email of June 29th. Management is aware that shareholders are concerned with the lack of updates.
As I wrote you previously we are working hard to accomplish our goals. The lack of news should not be seen by investors that the management of the company is not actively working. As I have said before, Management will provide news release to shareholders, and in fact they are planning to release news regarding all deals that they have been working on over the last year, by end of July. Business in the North African markets proceed at their own pace and management has had to tailor its expectations accordingly. end
I am still waiting for a response and recently added more shares of Innotelco to my portfolio.
SharonB
Moderator of the Innotelco stock message board on Investors Hub.
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