I have to agree with Mr. Drexler that the company is in dire need of management direction and expertise. This is the primary reason that I am no longer a shareholder.

- Despite more than 20 acquisitions by Nutraceutical over the past decade, a single brand (Solaray) comprises 65% of the company’s annual sales – and just four of the company’s 29 brands account for 92% of sales;

- Revenues grew just 12.6% from the 2005 fiscal year to the 2008 fiscal year – a period when the overall market for nutritional supplements and natural products rose 32%;

- Nutraceutical management has grown overall sales simply by acquiring smaller competitors – essentially buying revenue. Even then, its track record has been less than stellar as individual brand revenues have fallen dramatically following their absorption into Nutraceutical.

Every one of these points is accurate; regardless of the perceived fairness of the buyout offer from shareholders.