Ann: Operational Update, page-18

If MOU with Saudi wont turn into binding agreement wont be much support for CR here so they looking for other option. I still ask question why they appointed CEO, PB could easly done job. I must say there been some question decision like last year CR that basically saw shares 1.5 cents to 1 cent done before PFS was released. Now new CEO appointed getting paid $300k still no MOU turning into binding agreement. Top things off Vlad converting to shares at current low share price while management be saying it share price and market capital doesn't represent true value.