Subject: File No. S7-38-04

January 25, 2005

The availability of internet based "“net-road show" is an important resource us and all investors. It is a valuable tool in evaluating IPO’s and secondary offerings. I urge you to continue to allow this service to exist.

Kim G. Redding
K.G. Redding & Associates, LLC
One North Wacker Drive, Suite 4343
Chicago, IL 60606-2841
(312) 377-8210