Reader Interaction - 25 July 2006

Questioning the Proxy Vote, Continued...




25 July 2006
EB Reader & PK Correspondence


PK,

I received this today and responded accordingly. If the shares are being held as Treasury stock-there is no problem. After all, that's all I was asking to begin with.

Transparancy is critical.

I still have not received confirmation from the company. You may contact XXXXXXX to review my reply-which included a research report from LUX RESEARCH that I forwarded.

This matter should have been made clear by the company on May 10th when the OS was bumped from 50mil to 150mil to avoid any confusion.

I've informed a lot of my followers that all seems ok and I think that accounted for the jump in todays price.

I continue to value your insights-and I have many of my own to pass onto you as well.

Cheers



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"Mr. XXXXXXX,

Hello! Sorry to be so slow with a response, but I only check this account a couple of times a week.

I'll answer your question as best I can and attempt to answer any that may still remain.

Integral's Authorized Shares (AS) was increased from 50mm to 150mm on May 10, 2006 via a vote of Shareholders. This was the first increase in the AS since the Company's inception a little over 10 years ago. Obviously, all of the additional AS have not been Issued -- indeed, if any of them have, it has not yet been made public.

I believe the current number of Outstanding Shares still stands at less than 50mm. That includes what's in the float, those that are restricted, as well as their warrants. It's clear that a small number of the AS (the numbers I have heard is 3-5mm) will be issued at some point in the future to raise additional funding.

You may want to place a call to Investor Relations if you're so inclined. They should be able to give you the exact breakdown of what's in the flaot, how many are restricted, and the number of warrants yet to be exercised. But as I mentioned, I believe that total number to be less than 50 million.

I hope this helps. It was nice hearing from you.

XXXXXXX"