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You are the chairman of the board of directors of NuWave Technology You are in Vegas attending the companys Annual General m

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Response of Chairman

Thank you for bringing up your concern. I wish to state 2 of the reasons to explain why Nuwave technology is not paying you the dividend.

1. We are currently working on the projects which yields greater returns, and very profitable in the long run. For that we are investing huge amount in the projects. Here you have to think, if we pay you dividend, the rate of return you will receive by investing the dividend in some other ways yields you less than the profit if you continue those dividend part amount to us.

2. If compare the growth of the companies which are paying you the dividend and our company, you will find significant difference. The growth rate of the company is increasing and can say sustainable.

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