Like many of you I occasionally talk to Tracy. She doesn't have much to add right now. Nothing from North Pipes, nothing on Big Chunk, nothing on financing except that they don't want to do it at this low price. She does suggest that the company still has enormous potential, etc., etc., but nothing really concrete.

Without some kind of news from the company I don't know what to add, except occasional expressions of horror at the share price.

I plan to lay low for a while, but I'm not selling what I have left because it's worth next to nothing.

Good luck over the next few weeks.

GEO