Subject: File No. S7-5-99
Author:  "Peeyush Varshney" <peeyush@vcgroup.com> 
Date:    5/11/99 2:31 PM
     
     
I write to convey my disapproval and non-support of the proposed amendments 
to Rule 15C2-11.
     
I am an investor in many NASD OTC Bulletin Board companies.
     
     
Peeyush Varshney
     
     
     
Varshney Chowdhry Group
Suite 1304-925 West Georgia St.
Vancouver, BC   Canada   V6C 3L2
Phone: (604) 684-2181   Fax: (604) 682-4768 
www.vcgroup.com