Ann: March Quarterly Report, page-60

Well, some potential investors have thrown their hat into the ring at a price fo $1.25 per share. But not all of it though as they are waiting for FIRB approval first.

Plus, ""and here is the plus"", they are going to get another 20mill options exercisable at $1.25 per option too. The $1.25 exercise price attached to the options is equivalent to the share prices at the moment of being issued and lower than the current sp value at the end of days trading. As to why they didn't get shares instead of the options when they are at the same price, that I can't tell, but to me it appears that they are not willing to put more money in it than what they have to.

""And here is the real big plus"".....The Chinese Investor, as part of the agreement/deal, will have ""One executive Directors"" in place on the Board.

Now what does that executive part/job will entail.???


Well my friends, your guess is as good as mine. The mind boggles now.

Dyor!!