Ann: ACTIVITIES REPORT FOR THE QUARTER ENDED 30 S, page-4

re: Ann: ACTIVITIES REPORT FOR THE QUARTER EN... Bottomfeeder I think that is all fair enough, if it does run up above 5 cents again I would consider doing the same. Most of my holding was acquired at 4.1 cents. The possible upside is Cashmere which I am certainly no expert on. If Ron sees any value there he may want control and could be squeezed to pay more. I imagine the cash drain should slow down now that buyback is over and am sure they are constantly reducing costs. Guessing the next move will be a bid for the company at close to cash backing, maybe 4.8 cents?