Ann: Company Update , page-10

How you guys see this as a positive is astounding.

IMO, the $5m fell through because the lender obviously wasn't convinced of either the viability of such a highly leveraged company, or the GRES loan itself.

Think about it. The $5m was going to be used to secure the GRES loan. When the GRES loan was drawn down, the $5m would be repaid. So why of earth wouldn't they loan it if GRES were so trust worthy?

Anyway, here's a prediction. To dig themselves out of this mess they go down the path of con notes via some predatory lender (happens every day) or they do a CR to investors. Either way, and here's my bet, the issue price is .002. The lender will then trickle feed the market shares at .003 (50% return for them) for many, many months.