Michelex Corp (fka MLXO)

[sawdin]

I realize that shareholders are anxious for updates. However, we are in a situation that is similar to what is often referred to as a ‘quiet period’. Public updates will be provided as soon as possible.

Based upon recent postings, and questions that I have received, I believe it is appropriate to paraphrase a post from January 12th (see below).

Thank you for your patience and understanding.

We understand that some shareholders are excited about the possibility of a potential increase in the share price in the very near term. Please understand that our focus will not be on short-term increases and/or fluctuations in the price of Michelex stock. Our focus will be on building Michelex into a transparent company that is profitable and creates shareholder value based upon the underlying strength of the company. Therefore, we will not take actions with the goal of creating illusory or short-term price fluctuations driven by rumor and/or speculation. However, we will take appropriate actions if the share price is being manipulated illegally.

We also want to caution shareholders and potential investors that there are no guarantees that Michelex will become a successful company that is profitable. However, we can guarantee that if given the opportunity, we will do our best to build a transparent and profitable company that creates shareholder value.