shareholder letter, page-54

This is looking very ugly to say the least.

Past and current management have proven in their actions & sinister associations to be unworthy of any further investor trust & support, hence the lack of market support.

There are certain parties who can not bear to see this fall below current levels, as you can see on the buy side with a desperate orders at 1.6 cents in the depth, amounting to unseen levels on this stock, causing some speculative buying activity like today. I hate to see it happen for holders, but think about who's really in charge, and whose interest they really have at heart. Not the holders.

Cash will run out fast when they start throwing more money at their current "projects", and capital raisings via further dilution will benefit the helmsmen once again, at strongly discounted values from today's close.

Be very careful. It could go back up, or seriously plunge once and for all. Bad things appear to be unfolding behind the scenes. Where there's smoke.....

Ciao.