Subject: File No. S7-12-06
From: Bruce Thompson

July 11, 2007

Here we go again.

Another 1000 Sept $10 NFI Put contracts sold @ 10:22:13 followed immediately @ 10:22:15 10:22:28 by two Naked 50,000 share blocks of NFI shares out of the CSE sold into a market that already has over 90% of the issue naked shorted by the options market makers.

We can all see these trades going off in real time.

Why can't you?

When will you end this illegal manipulation?

BT