Rim Semiconductor Company (fka RSMI)

[34Simmons]

Funding from Europe.....The [organization/group/club]which has started buying restricted 144's is similar to an American version of a stock Investment Club but with European citizens who can buy daily through a defined source. As an example the giant German Banks like Deutsche Genossenschaftsbank do it all the time and like our old S&L's of the 70's get fees for the service.

These smart investors have studied all the same information that we have and understand the vast potential NVEI affords them globally.

They are buying American registered and restricted 144's from NVEI [ which can not be shorted whatsoever] just like some current NVEI investors in the USA. These new Investors have the exact same restrictions placed on them as Americans.

They must hold the restricted shares for a minimum of one full year before they can apply to NVEI for free traded shares. 144 Investors can not borrow money and use these restricted shares as equity or collateral. [ Rules are the same throughout the World]

Remember that they are buying a restricted American security under SEC rules regardless of their location.

European, India, Asia, China and British phone Companies are basically all copper and are actually in worse shape than the American telco's regarding debt levels but still have the same needs and these new Investors want what we have discovered in their portfolio's.

Dr. David Greaves knows this better than we do and is playing a significant roll with his and scope and expertise, which is Global in prospective.

Sure selling 144's is painful but so is not funding more prototypes and marketing what we already have. Embarq is the FIRST in a family of solutions and we can't afford NOT to be funded. imho eom 34Simmons