Subject: File No. S7-08-20
From: Michael Lomnitzer, Lomnitzer
Affiliation: INVESTOR

July 27, 2020

It makes no sense to go from 100 million to 3.5 billion.
I rely on advice from from different investment clubs that
use the info as presently required to see what other financial managers are investing in. It therefore helps me a lot. I need it to remain as is.