Subject: File No. 4-500
From: Alain Ghiai, President
Affiliation: Maisonette International Enterprises Ltd.
May 2, 2005
Dear Mr. Katz,
I am writing you to let you know that as a publicly traded Pink Sheet company, and on its way to go to the OTC:BB, we are imploring you on behalf of our shareholders to amend NASD Rule 3360 and require NASD broker dealers to maintain a record of total "short" positions in all customer and proprietary firm accounts in all publicly traded equity securities as well as report this information to the NASD for public dissemination of the short positions by security. The SEC's action is urgently needed to prevent fraudulent acts, expose market manipulation, promote fair principles of trade and protect investors.
Please think of the small investors as they are often overlooked. In an age where regulations against fraud have brought down the fraudsters of corporate America, we need your help to amend this rule. There is much work to be done for the small publicly traded companies.
Alain Ghiai, President
Maisonette International Enterprises Ltd.
Publicly traded in US markets under MAEN
UK and Europe:
Maisonette Online plc
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