yuro, page-6

Hi Reicheman.

The situation in Japan is tragic and could never have been foreseen.

I had a brief opportunity to get online earlier today and lost the signal before I could read too many posts. Quite a bit of negativity from a lot of non holders, the PEN thread does attract them, even on good days. A lot of holders worried and who could blame them, the share price sure has taken a big hit.

I'm not a trader or speculator, I am an investor. I searched long and hard to find a company like PEN. Management was my most critical criteria with fundamentals a close second. Nothing has changed in this regard, we have the best management right down the line, than any other mid cap I know of. The fundamentals just keep getting better as evidenced by the last two announcements. PEN is progressing as planned and I am sure will be a producer next year.

PEN is still the same company it was before the earthquake and I have not sold one share, nor will I , might buy some more though.

I don't think some parts of the world (India, China the big ones) can improve or maintain there present living standards without nuclear power so there will be a market for our product overseas if it is not snapped up by USA utilities.

I have no idea when we will bounce back but I have no doubt that we will.