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01/18/08 4:54 PM

#13495 RE: Nebulae #13488

"If the shareholders determine that the management is totally incompetent (which I submit it is not) we can change it."

Neb, check me on this. Jim and Keith hold approximately 51% of the outstanding shares of Torvec stock. Is this not so? And if memory serves me, the Gleaseman family as a whole control about 67%. It would seem to me that the rest of us are around for the ride. Anything brought up for a vote would seem to me to be in total control of the Gleasemans. Aren't we just going through the motions any time we send in a proxy vote? Am I not understanding this?