Ann: Proposal received from Northern Gulf Petroleum, page-23

Another big day for RISCO and the virgin island team/s (Suncastle). Those names spell a warning - as does the place of incorporation. A couple of hundred thousand shares today (not all to the RISCO team) to back up the 600,000 and a bit yesterday. This is a dead offer. Call it. I am happy for them to back out and no other contender to join in. As established we have at least an 8 cps share cash backing and growing. All we need is a new board.

To the Grand C above - if you'd like to be a 9.2 cps share buyer its a wide open opportunity. That said, typically there are a few kick in's at 9.1 cps every morning, so you just need to be the 9.2 cps buyer before the market opens and you will grab them ahead of RISCO (and at 9.1 cps). Worse case you buy at 9.2 cps.

This is a plus 12 cps sell.