Struthers Inc.,

[NetShoe]

This e-mail was sent to Steve by Doug around Aug 10th in response to Steve's letter
to him. It has been posted on RagingBull and I have received permission from
Steve to send it along to you in case you missed it. RagingBull is not the
most pleasant places to be these days.


> Steve, First thank you for your note. At the time those dates were
discussed the info was gathered from many sources working on the filing.
>However, we could have filed but without the addition of our acquisitions
>and their financials, proforma etc. the sec may have had further questions.
>You also must realize that since that date I have released information to the
> shareholders in the form of prs and articles have been written about STRU
> which helped the team understand that STRU is moving forward on many
fronts with the building of profit centers and not just filing for the sake of
> filing. all these media are read by the sec and do generate questions. In
>an effort to avoid further questions we preempted this by including all
>relevant info in the filing. This filing is very detailed so that old, new and
> potential investors will have the opportunity to view a whole company and
>not pieces. Dates changed due to the fact we were not static...and I must say
> dates were changed for the better. As a CEO and ultimately responsible for
> the development and guidance of this company I must make decisions as to
>what is of benefit to all concerned. Yes there are shareholders who would just
> like to see a filing so they can say "we filed, then pick it apart as they
> did the first filing and look for holes". Well not everyone has the
>foresight or understanding that this Filing is Your Company's introduction to the
>large market segment including very large institutions who in my belief want to
> participate in building their portfolios with STRU stock. In my
>discussions with these future investors, many companies attempt and do file with what
> many call as "one product wonders" ...then flounder even after great
> financials are released yet no back up team to execute their business
>plan. On the other hand we do have a plan of execution , the company is building
>a solid platform , one that can be taken to Wall Street with great
>confidence , you should be proud that we are taken very seriously by substantial
> investors. The interest in STRU is super, now to do our part is to back up
> our filing with a solid MD&A statement and financial data for the last two
> quarters. Filing everything at once so that you can see all the data on
>STRU up to the end of the quarter. This document is very in-depth and complete
>and will go on our record for ever. It is amended each quarter as you know.
>Not a trivial piece of paper, but an item which very much describes where STRU
>came from, where it is today and where we will be tomorrow. I glad to say that
>I am proud of it!
> On another note, If folks do not believe we are capitalized enough or have
> steady streams of income to support our growth in the industry, IMHO they
> either want your shares or are not very interested in who we are. I am
>happy you have found your comfort zone as everyone should ....this is the
>capital market and if one really thinks about it and follows the trends now taking
> place you can understand why we are very diligent in growing our presence
>in this biotech arena ...I plan to be here for quite sometime and welcome
>those who wish to build with us, they are and always been more than welcome .
> I hope this helps...also please understand no dates are available to
>anyone with respect to STRU business until we are ready to inform the public at
> large. I apologize for any misunderstanding in dates , however , I hope you
> understand now why we took some extra time to include everything ...it was
>a very tough decision but one that everyone agreed was the right thing to
>do.
>
> Best regards,
> Douglas
>