Ann: Shareholder update 12/07/12 , page-2

I have only had a quick review...and generally the news is not good, but the best thing about it is at least management are shooting straight so that gives me confidence at least in the quality and integrity of management.

They have confirmed CR..will be interesting to see at what SP that takes place.

Also, "This work is now expected to be finished in August and once this large furnace is operational, capacity will increase to approximately 1,500 BlueGen units per year, based on current operating procedures."

Again a long held suspicion has been confirmed that they are only ticking along at very small percentages of the facility's capacity.

I appreciate the meat and details on the arrangements with partners. Will have to have a careful read tonight after work and digest it. But my immediate take away is nothing to ~ 2014