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From the MARCH 2010 QUARTERLY REPORT

" The Company expects to be in a position to advise Shareholders on the progress of its plans for the Gladstone LNG Project during the second quarter 2010. "

May be we will have more news next week about the Gladstone project and some possible interest in the our OSMR technology from the LNG 16 Conference .

I hope the news is more positive this time.

I hold shares in LNG and like many have seen the share value collapse over the last year. My loss at the moment is only paper loss and until I sell my shares it will only remain a paper loss. I fully understand why a lot of people have sold out and I wish them good luck in their next investment.

Personally I still believe in the potential of the company and will continue to hold and wait for further substantial news.

Good luck to all the shareholders.