Subject: File No. 4-600
Affiliation: AICPA/OSCPA/Tulsa Ch CPA/CFP

August 17, 2010

I do not think the so called global standards are helpful nor do I think investors will understand financials that use those standards. They are not based on a common sense approach and will lead to misinterpretations.While GAAP is not perfect, it at least shows historical costs on other than marketable securities and is understood by lenders who know the limitations and adjustments they should make