Hi Mr Pascali,

The shorts have been hard at work driving down the share price by 2% - 5% on a daily basis and by as much as 8% on days like this. This has all been done over the last month on very low volume. 

My question is, why do you insist on adding to this selling pressure by selling an additional 765,000 shares on the open market at this time? It does not seem that this would be in the best interest of your shareholders. The stock price has already eroded quite considerably with the lack of short term catalysts and now you will be providing the shorts with the daily selling pressure required to continue playing their games.

Would it not be best to sell your shares while the stock is in an uptrend rather than now? (Unless you really do have something up your sleeve). I understand that you intend to increase your overall share position with the exercise of warrants, it is just the timing that is raising concerns. A lot of prior talk about torching the shorts has really raised investors expectations but the shorts have been the ones laughing at us until now. I hope this changes soon.

Would it be possible for you to sell your shares through a private sale or cross trade? I, myself might be willing to take a few thousand shares off your hands and I’m sure other long term investors would as well. At least in this way the shares would find their way into long term hands and you will not be contributing to the constant sell pressure on the stock.

Hoping this turns around soon.

FTW101