phil, page-7

Well I hope this is not against policy but here goes...

From: Peter Batten [mailto:[email protected]]
Sent: Sunday, 23 March 2008 12:17 PM
To: xxxx
Subject: RE: Capital Raising query

Jason
the capital raising has been finalised and no investors have withdrawn.

________________________________________
From: xxxxx
Sent: Fri 21/03/2008 7:24 PM
To: Peter Batten
Subject: Capital Raising query
Hi, Peter,

I am current shareholder and was hoping to get some clarification on the underwritten capital raising.
Are there any exit clauses, with respect to share price, in the agreement? For example, do the brokers have an opportunity to exit the contract if the share price hits a certain low?

Thanks.

Regards,
xxxxx