Ann: Infrastructure Joint Venture Advances to the Next Stage, page-355

Eddie, skims 6% of most sales, BUT he loaned us USD22 million without which we would probably have failed. ICT is not buying our coal, it is selling it. The 6% is on the selling price.
Eddie is parting with a portion of that to fund Matt Latimore and M Resources to technically support marketing'
Eddie is parting with a portion of that to pay us when barges arrive, barges are loaded and ship is loaded.
Now I campaigned against the 6% but it is what it is. My biggest concern was the lack of expertise. Now Latimore is involved that concern is 100% dispelled.
Board is independent: we elected them.
Crooked brokers and bargain hunters are controlling the buy and sell.