Subject: File No. 4-500
From: Jonathan T. Reid, General Counsel, V.P. of Legal Affairs, Raser Technologies, Inc.

May 31, 2005

To Whom It May Concern:

I write on behalf of Raser Technologies, Inc., in support of an amendment to Rule 3360 Short Interest Reporting. Disclosure of information surrounding market maker short positions in OTC listed public companies is vital to the health and stability of companies listed on the OTC.

Raser would like to afford its shareholders with the same visibility and disclosure afforded to those companies listed on national exchanges. We echo the sentiments of R. Cromwell Coulson, CEO of Pink Sheets, as stated in his letter to the SEC dated January 5, 2005. We believe that adoption of the amendment posed by Mr. Coulson would enhance visibility and disclosure to the public and would assist in curbing fraudulent and manipulative acts and practices and promote equitable principles of trade.

Best Regards,

Jonathan T. Reid
General Counsel, V.P. of Legal Affairs
Raser Technologies, Inc.
5152 North Edgewood Dr., Ste 375
Provo, UT 84604-5596