Ann: Business Update, page-186

Hi McQuade
the cash flow in part will depend on how much they sold. what do you think the sales was ? if you was expecting $10m in cash flow receipts you would be kidding yourself. you can't receive money when you haven't done the sales. what projects do you think they was working on last quarter to have high cash receipts ?. it wasn't east lake, the 2 trails only came out on the 23/8 and was said to be in planing then application so probably not invoice last quarter and would n't of received any money. the only major project would of been xingyun lake and maybe some on the wetlands and the wetland project i believe to be 90 day terms.

thanks
mickem