Subject: FILE NO S7-24-20
From: N/A N/A
Affiliation:

Feb. 12, 2021


Dear Ms. Countryman, 
 
I am writing to express my concern regarding the impact of the proposed amendment related to Rule 144 on our ability to raise funds via market adjustable convertible loans. As stated in our prior filings, our ability to continue as a viable business is highly dependent on our access to much needed working capital to fund our growth strategy. Without access to these loans, small reporting companies such as ours will find it extremely difficult to survive, especially in a pandemic fueled recession environment.    Market adjustable convertible notes have been historically a key component of our financing source and one  that we have reliably  tapped into over the years and plan to continue to do so in the future. For these reasons,  I would request you to please reconsider this rule change and decline making the proposed amendment to Rule 144.  
 
Best Regards,
Sri Vanamali
GEX Management
Chief Executive Officer