Ann: PEL 96 Joint Venture Further Update , page-5

Strange goings on - from the EWC Announcement 25/02/14 "we are very encouranged by the progress made to date within PEL96..." - possibly not encouraged enough to come up with the $1,483,262.00 required payment. Options are to ditch the deal or to engage in a costly brawl.
Now if the $1.5 million is hard to come by, where is the $37 million for the Jamaican pie-in-the-sky deal going to come from?
Dear Mr. Elliot, please explain! or maybe instruct the HK based PR company to enlighten your humble servants, the long suffering minority shareholders. Ooops, sorry I keep on forgetting, the training wheels have still not come off.