Meeting started @ 10:05. About 60 people attended. It was announced that Turley's talk would be put on a web cast for the rest of the shareholders to see. Turley spent (wasted) all of his time (and ours) telling of the tremendous accomplishments that have occurred. Clifford Flowers called the meeting to order and the secretary did the proxy vote thing. The 2 items were carried. Repurchased 7 million shares from Lincoln and repurchased 18 million on open market for 11 million dollars. Trial is set for January. He talked about how they were working on an acquisition , merger, that would bring in a cash flow, up and to the left. (pie in the sky, since we don't have a multimillion dollar credit line. So what can you buy with your good looks?) At this point of the meeting I could see everyone's blood pressure rising. When the Q & A started, the BS came to a halt. Great questions were asked by the shareholders. Why is the share price going nowhere and what are you doing to improve it? Turley, we don't control S.P. How will you purchase a cash flow company, hopefully not with treasury shares at $0.43. No. All questions regarding litigation could not be answered for obvious reasons and no clues were give as to time of possible results. Swartz spokes person got up and said that nothing would happen until the trial was settled. The board was asked what experience they had with acquisitions. Most had peripheral experience with other companies. Board members and Turley were asked why they never buy shares on the open market if they really feel the price is under valued? Answer, some have, years ago. Ron asked what they were doing to promote the stock? Basically they said more of the same. As 12:00 rolled around, Turley cut off questions without all being asked or answered. (lunch was more important to him)

As we walked out my wife asked me, what do you think? I answered, I think the company will do good because of the patents, because of TT&L,and because of TPL. Many people made difficult efforts to get to this meeting and I personally was disappointed with what we were told.