Subject: File # S7-5-99 Please Copy to: Arthur Levitt, Chairman, I Author: Mike Harader Date: 5/3/99 11:41 AM Regarding the proposed amendments to Rule 15c2-11, HERC Products Incorporated, being a small cap, OTC BB traded security, opposes the proposed ammendments to this rule. By passing this legislation you will effectively remove us from the public markets. I am very concerned about the ability of our company to finance our current and future growth if the amendments go through. It is my understanding that the proposed amendments will hinder the ability of our current market makers to publish a priced quotation in our security. This will decrease liquidity and do irreparable harm to our stock. Thank you in advance. Sincerely, Michael H Harader, CFO HERC Products Incorporated Please Copy to: Arthur Levitt, Chairman, Isaac C. Hunt, Jr., Norman Johnson, Paul R. Carey and Laura Simone Unger.