The proposal is to increase the authorized share which causes no dilution to shareholders. Increasing the number of shares outstanding would cause dilution if the Company issues new shares.

I believe that Dr. Morro has been very frugal with his cash management up until now; I believe that he will continue to manage the company that way.

No investor wants dilution because it would decrease their ownership percentage and the per share value of the Company’s stock in a takeover offer.

I own more than 700,000 shares of the Company’s stock and I voted all of my shares in favor of the proposal to increase the authorized number of shares outstanding. There are many reasons that a Company increases their outstanding shares.

The Company does need more money to get from an R&D company to a company selling product and receiving revenues.

There are many exciting reasons to hold the stock and to buy more. When we buy shares in the open market it supports the market value of the stock but it doesn’t give the company any new working capital or get us any closer to bringing product to market. If the Company does a secondary offering, it brings in cash that the Company can utilize to get its product to market.

I believe that our stock will be worth more if Dr. Morro can get the cash he needs to get us across the finish line.