From: Dan Pike <dan@pikecapital.com>
To: David Pilon <pilond2@yahoo.ca>
Sent: Mon, October 18, 2010 6:18:18 PM
Subject: RE: Value
David, I appreciate your passion. And if there was something
rational to do, I would do it, but while I think the product was
real, the company was a complete fraud, and I do not believe any
value can be recovered for equity holders from the former SPNG.
This is a view shared by the US trustee, someone I very much respect.