what does it mean?, page-6

Yes, MFC keeps the BRT shares as well as the approx. $1mill that BRT gave them as well. BRT has also paid for all marketing for MFC products this year as well as manufactured the goods for MFC. MFC paid for the product that BRT had manufactured by around late July, hence the $1.5mill to $2mill loan to BRT by MFC. MFC have sold the product and kept the revenue, so BRT don't owe MFC any money, unless BRT attempt to buy back MFC again with a completely new contract and price needing to be negotiated. - I don't believe BRT will do this unless the terms are more favourable than the previous terms that BRT and MFC negotiated. As for BRT competing with MFC I believe this may be frought with danger for many reasons and I'm not sure it is the wisest thing to do - I think BRT may only be suggesting this to put pressure on the MFC management.

Also, I would like to know what has changed since the announcement where BRT said they would be going into VA if they didn't get the funds by the 14th Nov. BRT don't have the funds and it is 2 weeks past this deadline - what has changed and why aren't they in VA now? Why don't we have an explanation as to why BRT still don't have the funds? Why didn't we get an update at the AGM as to when the funds would be coming through? $14mill revenue is great but earnings are more important than revenue - surely they have some indication of earnings for this calender year now.

As for the AGM announcement, it is like the writer of the most recent few announcements has PMS when he writes them. Seriously they appear to be full of threats, negativity and inconsistency - no optimism and to be frank, still a complete lack of necessary detail. I'm hoping this will change when they get the finance thru - maybe they'll be happier campers at headquarters and can spread some enthusiasm thru the shareholders again.