funding, page-10

Another funding date has passed without a word from the company, and we are only 12 months into agreement!! Business as usual.


Execute Bond Subscription Agreement 8 April 2013 ....PASS

Tranche 1 - $3 million 16 April 2013 ..............PASS

Shareholders meeting 8 July 2013...................PASS

Tranche 2 - $7 million Conditions Precedent date
+5 Business days............................DELAYED PASS

Tranche 3 - $15 million 8 October 2013..........FAILED

Tranche 4 - $15 million 8 January 2014..........FAILED

Tranche 5 - $15 million 8 April 2014............FAILED

Tranche 6 - $15 million 8 July 2014..............?????

Tranche 7 - $15 million 8 October 2014...........?????

Tranche 8 - $15 million 8 January 2015................?????

DYOR My thoughts and ramblings only