Dear Jack,

thanks for reply. Yes I wrote to Jesse a mail and I got also an answer (see all below) from him. To answer was polite and this is according to courtesy but the content wasnt very informative. To tell me I should read their K10 is a little bit to easy, especially if it doesnt answer the . He cant and shouldnt write me some secret information, but could answer that they will go public with some more information or tell at the shareholders meeting. A CEO who is burning for 15 years money and never earned and deserved his salary should behave differently, but it seems that all managers of TEVE behave like government officers: we get our salaries and the rest is of no interest. He might be an excellent engineer but he is a lausy CEO if we judge according his success.

best regards

Dear Jesse,

I am one of your long term investors and I wonder why you don't publish some insights into your business plan. Right now we see you for many years burning your company's money and it seems it will not take an end. I and others admire your achievements on the technical side and this is really fantastic, but your company is not a NGO why we believe you will have an idea about how to generate profit.
Right now we cant see how you are going during the next years to make some profits and so we kindly ask you to publish some insights. With your listing on OTCQB I believe you took some responsibilities and obligations to be transparent and therefore I and others hope you take this question serious.

I wish you all the best and lots of health and success!

Jesse Lerman jlerman@telvue.com	May 2
to me

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