Subject: File No. S7-08-07
From: Jeffrey L Kiss
Affiliation: Principal, PackerKiss Securities, Inc.

May 17, 2007

The more restrictive net capital requirements now being proposed are not what we voted for and believe that this change is extremely unfair and unreasonable. PackerKiss Securities, Inc. has been, and will continue to be, a member in good standing with the NASD but these types of changes are very detrimental to our survival as a small firm.