Subject: File No. 81-939
From: Patrick Traynor
Affiliation: Shareholder of Preferred Shares

May 23, 2013

Subject: File No. 81-939
Shareholder of Preferred Shares

Regarding Notice of an Application of W2007 Grace Acquisition I, Inc. under Section 12(h) of the Securities Exchange Act of 1934
File No 81-939

Please reject the application for Grace Acuisition I to discontinue filing financial statements. Preferred shareholders have been cheated by Grace management. Grace's owners have purchased 1/3 of the preferred stock of Grace to avoid having the quarum required so preferred shareholders cannot elect the directors they are entitled to elect. This is underhanded. Only the SEC can protect small shareholders from the Grace management.