From: Jacob Cherian [jc@akcel.com] Sent: Tuesday, June 10, 2003 8:36 AM To: rule-comments@sec.gov Subject: RE: S7-10-03 I am a concerned shareholder in several companies. I am a qualified Accountant and have been a Corporate Controller of several public companies and currently Controller of a privately held company. I am proposing independant appointment of Board Members from the public as nominated by individual shareholders. Thank you for considering my proposal. Jacob Cherian jc@akcel.com Thank you very much Best Regards Jacob Cherian Jacob Cherian www.akcel.com jacob.cherian@akcel.com cell (201) 406-8464 fax (360) 343-9841