Ann: Change of Director's Interest Notice, page-9

This is not a real company anymore. No assets...no future...no nothing. They did try to sort out their Cebu SC but let's face it... they failed and they ain't getting it back. Right now the Philippines and the DOE Secretary are in political mode... that is, they are focusing all their efforts and time in vying to preserve their political careers ahead of next year's May elections. No one is going to get a break that has not received much of it during the last 15 years (i.e. GGX). GGX are finished as far as the Philippines is concerned. The only hope for them now is France and now we are in August and yet to get a resolution...guess what? No resolution is forthcoming and they know it.