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dyna

08/10/05 3:35 PM

#2912 RE: Torvecian #2911

Tor - I assume Horton is a major stockholder, since it is disclosed as a Related Party Transaction. Typically, in a Related Party footnote, there is usually some discussion about whether the transaction approximates arms lentgh prices. I do not read that anywhere.
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dyna

08/11/05 9:08 AM

#2916 RE: Torvecian #2911

Thanks Tor - But that brings me to another question. Why does the 10K in the Notes to the Financial statements (page 11)specifically say "lease space" for $42,000? It certainly does not say it includes services of engineers,etc. Apparently the 10K is wrong. Do you agree?