Crystallex International

Pam:

Please remove head from sand. There will be a bright day. The stockholders of a company are the owners of the company. We have obligations to the bondholders to return the money they've lent the company, plus interest, yes. There are other obligations I haven't expended the effort to understand, but we'll meet those as well. The managers and board members we have hired have a fiduciary obligation to the owners, which they have acknowledged and which I have no tangible reason to doubt.

Justice is an ideal we strive for, not an absolute, certainly not guaranteed, but as MLK once said, the arc of history bends that way.

There will be a payoff to the shareholders. We will have your party on the beach.

XXOO

Lope