JCW, I understand the qualified investor issue, as I am one and buy unregistered securities and oil/gas working interests on a regular basis.

The shares do indeed exist, contrary to your comment, and represent the same ownership interest as before -- BUT they cannot trade unless sold under specific rules that are regularly used to trade non-publicly listed securities. That is not a liquid process and it is unlikely that many (or even any) shares will trade hands, although I have my broker working on a transfer of a large number of shares from a SEP to a Roth IRA at zero basis -- don't know that they will do it, but if they will it could be a huge future tax savings.

I had no current plans to buy more and certainly no plans to sell, so this has no impact whatsoever on me, and I would suspect many on the board who are just waiting out the process.

This is a canard -- the real issue is the cost of any additional financing needed, which would impact our ultimate return.

And I would suggest that you not hold your breath awaiting information from Crystallex, they do not have to give any at all -- the securities are not registered, which relieves the company of SEC requirements, they only have to do the minimum required under the corporations law in the locality of incorporation. It's not like they ever gave us any information when they were a public company.

I understand your frustration, but we continue exactly as before. We are mushrooms and only the monitor filings give us a glimpse of what is happening.