spoke to management, page-10

Hi guys.

Has anyone here got any concerns about the ability of Gres Holdings to deliver the Bank Guarantee?

Yes I have read about the alleged $4B in past deals...but having worked in the capital markets and particularly in that part of the world, I am naturally very sceptical of these things until they make good.

Established in the British Virgin Islands in 2009.

List of Parteners (sic)from their website....a little bit of a concern.

I really hope the directors haven't paid an establishment fee for this...I have seen way too much of this lately.

Kiril.