Date:    06/20/2000  4:02 PM

Subject: disclosure issue

Dear SEC,
Recently I have learned about the OTCBB issue of market makers not having to 
disclose positions and "naked shorting", unfortunately, after I invested in 
an OTC traded company. To me it sounds like market makers are producing 
nonexistent stock and holding this w/out reporting it. So in essence, the 
MM's are producing counterfeit money, which would be a federal offense, if it 
was money. 
     
I ask why, why on earth is this practice allowed in the investment community? 
Money belonging to familles and hard working American business's are being 
stolen without any indications to the innocent involved! I demand an 
explanation why such a thing is allowed! I am completely outraged and demand 
your organization to abolish "naked shorting" and require MM's to FULLY 
DISCLOSE their positions of OTCBB stocks IMMEDIATELY! As the investment 
community grows, so will this diabolic practice. This better not turn out to 
be some lagging bureaucracy agenda, as millions are being stolen from 
innocent, hard working Americans! Please respond! 
     
                                Sincerely,
                                            Cal Tansor