When I said you were close to bashing, I was referring to your statement that some of the directors were intentionally trying to damage the value of the stock. It has nothing to do with the fact that many do not see my point of view. I am used to taking the contrarian point of view, and thus place very little credence in the views of others on my OPINION.

The resolution reads as follows:

"...to consolidate all of the Company’s issued and outstanding Common Shares on the basis of a ratio of not more than one (1) post-consolidation Common Share for every ten (10) pre-consolidation Common Shares (the “Consolidation”), with the Consolidation to be implemented by the Company’s board of directors at any time prior to December 31, 2008." (MANAGEMENT INFORMATION CIRCULAR, page 11)

Their reasoning?

"As the Company relies on equity markets for capitalization, management is of the view that the proposed Consolidation addresses the dilutive consequences of a large outstanding number of Common Shares. Management is also of the view that the Consolidation would address the concern that low prices create larger bid / ask spreads which encourages non-synergistic, low value speculative trading and volatility which is unrelated to news and developments within the Company." (MANAGEMENT INFORMATION CIRCULAR, page 11)

I remain firmly convinced that the board of directors remains committed to the shareholders, and is requesting our support in this manner.

Do what you will, vote your own way, but ensure that you have done all of your DD by reading the resolution in its entirity.