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Re: exceo post# 223361

Wednesday, 09/22/2010 12:01:40 PM

Wednesday, September 22, 2010 12:01:40 PM

Post# of 361648
EXceo,

I appreciate your reply but I really do not agree with you.

#1) They have responded to Midtiers letter. They responded by putting out this last PR. It is my contention that what they put out in no way meets the fiducial obligation they have to us in meeting shareholder communication requirements. Waiting is all we have done and would accomplish nothing in directing them to improve their communication process to ALL stockholders.

2) Hostile move..? How do you come up with that? Is it hostile to insist our Executive team communicate with the shareholders in a manner that is consistent with SEC requirements? And exactly why might you change your mind? Having a reaction like that to an honest request for open communication between the executive group and the shareholders would be purile and petty.

3) I am not sure where you come up with Court Action, while that is an action that is not out of the question it has to be regarded with a more serious intent then we have taken to date and if embarked upon would require a lot more discussion.


It is funny how you use the phrase "patience seems the best course", because your posts over the last 3 years reiterate time and time again how you are out of patience.

This post is not intended to be hostile as I usually enjoy reading your posts, but for some inexplicable reason you seem to have changed direction and I cannot understand why.

One last question: Do you feel the PR ERHC put out yesterday was adequate in regards to everything that has gone on in the last 18 months?

Respectfully,

Bay