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REKNAWXAM

05/07/07 9:10 PM

#43969 RE: curber #43965

serf - if they divested sufficiently to be under the threshold then i concur with the 13g/a
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serfdom

05/07/07 9:15 PM

#43973 RE: curber #43965

Excellent. They sold shares - that fits my thought too. They sold their ownership percentage in TELA from 17.03% down to 7.8%.

Now, do you also agree that as of February 27, NITE had good reason to believe it held 7.8% of TELA per the compliance officer's signature on that 13G/A?