It is time for you to step down from your role as CEO and director so that you can do what you do best: retreat to your waterfront mansion in the Hamptons, where you can play tennis and hobnob with your fellow socialites,

Brendan, it's time for you to put your money where your mouth is. If you are sincere in your statement that a premium bid for the company is not worthy of discussion, then we must insist that you demonstrate your conviction by acquiring shares.

We demand that NABI immediately retain an investment bank other than Lehman, or in conjunction with Lehman, to explore strategies to maximize shareholder value.

I must wonder how in this day and age, the company's board of directors has not held you (Robinson) and Paul Maier responsible for your respective failures and shown you both the door long ago – accompanied by a well worn boot planted in the backside,

our worst-case estimated value of $14 per share.

Your shareholders have spoken,