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Re: None

Sunday, 06/05/2005 3:31:57 PM

Sunday, June 05, 2005 3:31:57 PM

Post# of 64738
To all shareholders:

It is being suggested by some shareholders that the stated justification for this latest share giveaway is that management feels it has earned it by reasons of their sacrifices and that their current compensation is not within the averages for other officers in the industry.

It is also being speculated that management is hoping to have a larger percentage of the outstanding shares in order to be able to insure that their proposals will prevail, irrelevant of the desires of the other shareholders. In other words, they would be able to simple make a decision and have the ability to implement it without the fear of opposition.

How about a lively dialog on these two ideas? Let's have both proponents and opposition views.




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