Subject: File No. 4-500
From: Robert Fedun
May 2, 2005
To Whom It May Concern;
Our company is fairly new as far as a trading company on the Pink Sheets. Number one, I enjoy the fact that the pink sheets are not over regulated like most exchanges are, however, the credability aspect of the pink sheets is not good. We, as a company, are having an extremely difficult time raising funds and and also, getting sophisticated investors involved with us.
Their main reason being the lack-lustre control on trading, that is undeclared shorting,last minute trading and down-ticking markets etc.
It would be great if there were some legitimate public relations firms, financiers etc. that would get involved with "PinkSheet" companys. There are some of us that are legitimate and trying to build companys with real projects.
Quite simple, make shorting illegal on the pinks and we would have a legitimate market and many more sophisticated investors.
PO Box 370184 Las Vegas, NV 89137