Subject: File No. S7-08-08
From: John C Buffa

July 25, 2008

Please do something about this problem. How on Earth could someone trade shares of a corporation that do not exist? If that is true, why can't I create shares in any publicly traded corporation that I want to and sell them? Isn't that a double standard? For God sake, Wall Street has so many advantages over small-time investors like me, do they really need to trade phantom shares to drive a wedge between me and my hard-earned money? Help us.