why is cdu only $1.66 ?, page-10

Hoots

You really seem persistent to keep raising the issue about $30 000 dollars worth of shares being issue at $1.50 per share to a contractor for services rendered. Is it possible that the contract was for payment by shares and this contract was entered into when the share price was much higher and when payment was due the share price was $1.50. Perhaps the contractor involved is the trucking company that last received 600,000 shares at $3.90 to as part payment of $2.34 Million for the freight cost for the process plant for the Rocklands project. That of course doesn't seem to be on your agenda now, nor does the fact that another contractor Sino received 7,600,000 shares at $4.50 as part payment of $34.2 Million for componentry and equipment for the process plant for the Rocklands project including the 22 Megawatt Power Station, and its cost of installation and construction. Also the 3,333,333 shares at $3.90 as part payment of $13 Million for the extra componentry required for the Rocklands process plant.

Actually I also remember your last rant about the $50 million from the underwriter not being in the company's account quickly enough and implying they may have reneged on the deal. I see this as a pattern with you and others bitching about an issue until its resolved and then finding another within a day or two until this is resolved and so on and so forth but rarely giving credit were credit is due. So using the three contractor payments above totalling 11 533 333 million issued at an average of $4.29 worth $49.54 million it's easier to concentrate on 45 000 shares issued at $1.50 for $30 000.