Ann: Issue of Placement Shares and Options to Directors - Appx 3B, page-23

Nobody knows..... Maybe Malone said this 200 pearls is not they way to get the business started, he left and then as a result of the advice the plan changed? Maybe he was sacked, maybe maybe.... no point speculating.

With the directors that are here, now, it is a good sign that they are continuing to fund. I would have withdrawn from the CR had the directors lost confidence and withdrew themselves.... that would be a negative sign in anyone's books