I have already sent a two page letter discussing various concerns to Fred. I talk about the 22 year history and lack of product development generating sufficient revenue to support the operations. I also talk about the added 200 million shares to support the company over the last 15 years.

Many other topics were outlined , especially the new engineering group and the Nunchi system concept. I mentioned their obligation to keeping shareholders informed and the fiduciary responsibility of management and the BOD.

I'm quite sure he will not answer the letter, just like he has passed on other questions related to business conduct

The follow up will outline various scenaios which will provide the shareholders with some sort of return on their investment. It's time to put the shareholders first and what's best for them.

I just have to vent my thoughts to Fred since it's my investment dollars they are playing with.