Various

Jeff, I think we should take a quick review of the existing PI portfolio to
see where we are and where we want to go - we have with the completion of
FCEL made a tremedous amount of investment in a very short period of time
<$60 to $80M. I would like to hear how we are moving to monetize more
mature investments and influence/generate value from the earlier stage
investments. I don't want to approve any further investments until we have
had such a discussion.

Regards
Delainey