Ann: Funding Facility Update , page-8

Tomorrow might be fun - let see how it pans out. I wouldn't be surprised if the sp went back to 0.012-0.015.

AGS is obliged to return the issued shares. How? -to buy the sold 100 million shares back.

From the ann.:
'On Friday, 8th July 2011 The Board instructed the company's solicitors to write to JCLTF and AGS advising them that due to their conduct the Funding Facility was at an end and that the company would be commencing legal proceedings to protect its position.

To preserve the status quo until the Commencement of the Proceedings the company sought urgent undertakings (by 4pm Tuesday, 12th July 2011) from JCLTF and AGS that shares in the company held by them which were issued pursuant to the terms of the Funding Facility would not be traded, transferred, sold, assigned, mortgaged or otherwise encumbered.

In the event that the undertakings are not provided by 4pm Tuesday, 12th July the company will commence urgent Legal Proceedings to protect its position.'