Ann: Quarterly Activities & Cashflow Report Sept , page-25

re: Ann: Quarterly Activities & Cashflow Repo... "Weren't WEG supposed to have deep pockets, that's why they were recommended as the JV partner - to help with funding and connections."{

Yes they were and under their original incarnation as Timeone they needed to borrow the funds from SS&T to pay for their now diluted 20% holding at 35c.

Still waiting for the company to clarify ownership of WEG,s 20% apparently they told Buddy they were going to release a qualifying statement to the market - they have probably been to busy organizing placements at 9c , 8c an possibly 7c in the next tranche.

hOOt