Ann: Corporate Presentation, page-13

Why, because Somers controls at least one of TON's directors and Somers may make 10-15% commission ($3-4M+) out of the deal as financial adviser acting for TON, and likely more due to Somers' (conflicting?) connections and interests with WGX (eg, maybe they will receive an additional "finder's fee" or share distribution from the deal).

It will be interesting to see who has been doing all the selling lately to keep TON's price pegged around 10.5c so that this WGX deal looks more appealing (being only about 15% above the WGX share issue price, as opposed to the many multiples of that percentage if TON was now priced at 15c plus or the 28c target that Somers projects and which is referred to on page 3 of today's Corporate Presentation announcement). One potential seller that springs to mind is TON's loyal financial advisor that fully underwrote the recent SPP and, from my calculations, in the process was entitled to acquire - and it did or arranged for others to acquire - beneficial interest in a minimum of approximately 29,795,000 new TON shares.