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xanadu

05/02/06 6:23 PM

#160877 RE: lesnshawn #160868

lns, people were bugging the transfer agent to death. Both from the RB board and here. Then, if the poster mis-interpreted what they thought they heard, or if there was a perceived difference between what information they had gotten and what someone who called 30 minutes before got, all hell would break lose. Then they started quoting the transfer agent employees by name, on the board, "Well (make believe) Alice said we had this many but she didn't sound like she knew what the hell she was talking about." Result was JF got his dander up and told the TA to refer all O/S inquiries to Franklin. He then crawled a but further behind a wall and said he didn't want to release unaudited share counts. Then seemed to feel all he HAD TO DO was post the figures in the filings and that is where we were until he started putting the share info on stockinfosystems. He had been doing that monthly which somewhat placated people but that stopped as they sold and sold and sold shares leading up to the 10k. He has now updated the stockinfosys again and hope he continues to do so monthly. Had doubted we'd see it before maybe the 10th-15th as he's stood behind so-called normal business practices is (blank) number of days after the end of the month or something of that sort.

I do think, or certainly hope, he is beginning to realize that we must renew investor confidence. IMO the only way to do that is either to take some of the A/S off the table, or come out and state a maximum intention, let's say 7 billion, unless a large beneficial acquisition would be in our sights. Then back it up with proof on the filings.