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Jitz

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Jitz

Re: RonnieD post# 156

Tuesday, 12/09/2008 2:02:06 PM

Tuesday, December 09, 2008 2:02:06 PM

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I wonder if they had to put this in the 10K if they didnt intend to be on the NASDAQ?

"DIRECTOR INDEPENDENCE

It is expected that upon the appointment of Messrs. Szpilzinger, Scott
and Navaratnam as members of our Board becoming effective, they will be
considered independent directors under Rule 4200(a)(15) of the Nasdaq
Marketplace Rules, even though such definition does not currently apply to us
because we are not listed on Nasdaq."
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