no capital raising required. period., page-71

Shaba I will take the liberty of explaining that Mihal TOOK OVER the website from another party,who I do not know, and that it became too much for Mihal to run given his time consuming REAL EARNER which is somewhat more important to him,the community and his family than continually having to update this very professional effort that was essentially run on good will and personal support for the company.

As far as return on the 6.5M it depends on whether you think bringing a non-producing spec to mid-tier thermal coal producer from virtually nothing in 3-4 years is worth paying peanuts for apart from the fact that I could well be making an incorrect assumption that this figure you are providing is actually correct in its assumption that these are director fees straight to their pockets with no value add to the company.

d.