Ann: Quarterly Activities and Cashflow Report , page-10

Gongboy,

You almost sound like management!

The company may not have debt but there are many shareholders who do - as a result of the company performance.

Management SALARIES and BONUSES surely do not help the cause and in my opinion they are way overpaid for their performance.

Our chairman stands back and says that he does not determine his salary BUT he also doesn't consider that he is overpaid as he accepts it - as a right!!

Also states that he has not drawn on his 'bonus' yet as he wants to achieve his own goals in order to 'deserve it'! (Not the exact words but very close.)

I have kept a few shares in the hope that someone sees something in the company down the road BUT I will not be investing another penny it the company.

Regards............