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Re: JPetroInc post# 3477

Sunday, 11/07/2004 10:52:42 AM

Sunday, November 07, 2004 10:52:42 AM

Post# of 326352
JP,

First of all, thank you for sharing your thoughts on the shareholder meeting. It all seems very positive, and that we are positioned to finally get some much needed revenues to keep the business afloat. My only disappointment was that there was little time allocated to get more of our questions answered.

I first started this position as a subscriber to the Changewave microcap service, and have been steadily increasing my long position to reduce my cost basis. I now have 650,000 shares with a cost basis of 0.077/share. I still believe there is high risk, but believe that between the paint business and paperclick eventually we shareholders will see a high return on our investment. If that takes a year or two that is OK with me.

Regarding the listing on the Berlin exchange, is this a new listing? I have seen a lot of shorting for a couple of other OTCC BB stocks that I own coming primarily from the Berlin exchange. Several of those companies have successfully or are in the process of seeking delisting from this exchange.

SS9173