Subject: S7-5-99 Author: "Jim Greer" Date: 5/6/99 3:15 PM National Quotation Bureau File Number S7-5-99 As a non reporting bulletin board company, that has used the issuance of 504 stock VIA private placement, sold at a price higher than quoted on the bulletin board, has enabled Diamond Lake Minerals Inc., to progress from a raw prospect to a company that is now preparing for production. The geological graphite resource of 3,263,000 tons, was established by a reverse air drilling program. We feel that the OTC Bulletin Board under present rules and regulations make it possible to develop properties to their potential. We hereby request that Rule 15c2-11 remain as is. Yours truly A. David Houston President ADH/dg