ocr: TubePack Office of the Board of Directors Narakesari Narayandas, Chair 6December 19 - Iam writing to formalize our understandings from the most recent Board meeting. 1. The market appears to be falling into a period of1 long-term decline. 2. Despite the downturn, TubePack desires to be a winner in the coming years. 3. The board will be closely monitoring TubePack's profitability and market share. I realize that it will be tough to maintain profitability. Nonetheless we are counting on you to help us achieve corporate prolitability goals. 4. Keeping customers happy and: satisfied will be key to ...