Bernard E Klein
3000 Stirling Road
Hollywood, FL 33021

October 9, 2003

Page 1 of 1

Jonathan G. Katz, Secretary
U.S. Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549-0609

Re: File No. S7-14-03
Disclosure Regarding Nominating Committee Functions and
Communications between Security Holders and Boards of Directors

Dear Mr. Katz:

Please consider an additional exemption for companies that are majority-controlled by one person or entity and, therefore, are not required to solicit proxies. Even if such a company were to solicit proxies voluntarily, to communicate with its shareholders or for any other reason, the cost of reporting, recordkeeping, and complying with the proposed regulations, in these cases, should be voluntary, not mandated.

Thank you.


/s/ Bernard E Klein

Bernard E Klein