Question
From: (redacted)
Sent:Thursday, February 28, 2008 10:35 AM
To:Verne, B. Michael
Subject: DOCUMENTSSENT TO BOARD OF DIRECTORSS
MIKE, AN OFFICER SENT A MANAGEMENT PRESENTATION TO THECOMPANY'S BOARD OF DIRECTOORS WHICH ADDRESSES SEVERAL ISSUES. I BELIEVEIT IS THE PNO'S POSITION THAT ONLY THAT PART OF THE PRESENTATION RELATING TOTHE SUBECT ACQUISITION IS REQUIRED TO BE FILED AS A 4C DOCUMENT. THEREASONING BEHIND THIS IS THAT THE OTHER SECTIONS ARE IRRELEVANT TO THE PROPOSEDACQUISITION AND THE HIGHLY CONFIDENTIAL NATURE OF THE INFORMATION CONTAINED INTHIS TYPE OF DOCUMENT. IS THIS CORRECT? THANKS, (redacted)