Spur Ventures Inc SPVEF

RE: Thanks Isipen .....

[ArtBechstein]

disagree - Spur has deserved a real management and not these administration guys who hide behind the Chinese administration. We have lots of dead cash that isn't working for us for more than two years now. Never seen such a poor management performance. It was my understanding that management has set a deadline for the merger at mid year 2007 and then cancel it and bring us into real business like fertilizer production - but probably this option is to complicated for our management. I demand a change of strategy: - immediate cancellation of the merger, that is just a farce, - forget about the license transfer; if it's being transferred - then great; but I wouldn't build my business strategy on that transfer and tie all of my cash to this event that might never happen, - use the cash and acquire revenues in that buisiness probably better outside China to reduce sovereign risk !!! - management should give us an update about their strategy. Merger was supposed to close by mid year but nothing happened. This should be a good reason to provide an update but management prefers to wait for another year and creating some new excuses. Art