Ann: Quarterly Activities Report, page-39

Hi Seth,

Nice up volume like today will tend to flush out the short sellers, put them on notice. It's an interesting stock at the moment. The "show me" story really pits the shorts against the longs. Both sides need to have faith as the evidence is not all out yet . I think JW is putting his own reputation on the line as much as anything else by the way he is telling the story. Why would you do this unless you were confident in your ability to deliver is the question? Esh