Author:  msutherland@ryancdn.com (Mike Sutherland) at Internet
Date:    12/14/1999  6:07 PM

Subject: File no. S7-24-99

Sirs
     
I fully support the rule abolishing the naked shorting of OTC-BB stocks. 
 This rule should be enacted and enforced at the SEC's earliest 
convenience, so as to prevent the further economic harming of small 
investors.  I have seen too often this ruthless MM tactic used against 
responsible, long term investors and the companies they put their money 
into.
     
As is fundamentally known, fledgling companies depend upon the infusion of 
capital from investors for long term growth, with the ultimate goal of 
becoming viable, independent economic entities providing shareholder value. 
 Naked shorting seriously breaches this convention,  rewarding the 
purveyors with financial gain while hurting those trying to create/invest 
in a viable business.
     
Assuming this rule is enacted, I cannot recommend strongly enough the 
incarceration of any MM caught naked shorting.
     
Mike Sutherland, P. Eng.
Senior Mechanical Engineer
Ryan Energy Technologies Inc.
4215 - 54th Ave. SE
Calgary, Alberta
T2C 2A2
     
Direct: 403 203 5405
Fax:  403 236 2158