From: Rick Wittkop
Sent: June 14, 2005
Subject: File No. 4-500

Dear folks,

I invest in the bulletin board stocks (OTC). I am aware of the Market Maker manipulation of these micro cap companies, through the nefarious practice known as "Naked Short Selling".

I know that "Short Selling" a stock can be a good thing, for it temporarily creates liquidity in the market place.

But what Market Makers do, by manipulating the pps and scaring investors, is downright harmful to American Free Enterprise.

I hope that you recognize this too, and instill more transparency in the OTC market place...

Rick Wittkop