FISHING FOR STOCKS

[Brookwinn]

Hi Dutchtreat....

I was away for a week and then busy catching up when I got home...

I don't know anything further on Nashville and Gene. Gene said he would give monthly updates in his last news release, but has effectively disappeared. Nashville shareholders were promised a part in Trimark, but that seems very unlikely to happen given that everything else that was promised also didn't happen. I am not holding my breath. It remains to be seen whether Trimark actually materializes into anything marketable at all.

It is not a very happy story. All of us who were shareholders are victims. Whether Gene is also just a victim, a villain, or caught in between is hard to prove -- everyone will likely have their own opinion on that.

Meanwhile, Welltek has also gone into sleeping mode. I have not heard anything more from the company. I tried leaving a message on their voicemail, but it was not responded to. My guess is that they have shelved any plans they had until a future date, and that Welltek effectively has become a shell.

I sold some Welltek recently in one portfolio (in order to capture the tax loss) and have been trying to pick up an equivalent number in another portfolio -- a rebalancing of sorts. I have a buy order in for 323 shares at .45, in case anyone is interested.

NorthLion