From: Marv Eatinger
Sent: August 9, 2005
To: rule-comments@sec.gov
Subject: File No. 4-500


Dear Securities and Exchange Commission:

I am sure the SEC is familiar with Marv Eatinger. After over 100 emails, certified letters, Federal Express Packages and a few telephone calls starting 16 years ago, I have to believe that some regulatory authority in Washington has read some of my correspondence. I am sure of this because of the five certified letters, one registered letter and one Federal Express Package (to Bill Skirnick in New York) that have all disappeared into a vacuum (NO RECORD). My communications have all concerned two public companies which are quoted on the OTCBB and the PINKSHEETS. Go to www.ragingbull.com and read posts by "virgule" on message boards for Daleco Resources Corporation symbol - DLOV and Regency Affiliates, Inc. - symbol RAFI. The lack of disclosure and transparency by OTC stocks has enabled public companies like Daleco Resources Corporation and Regency Affiliates, Inc. to circumvent the regulatory system to the detriment of their stockholder owners.

Over the last couple of years another issue concerning OTC stocks has emerged. This issue is called "Naked Short Selling".

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."

Sincerely,
Marv Eatinger