Ann: Update on KALiNA Energy Centre Saddle Hills, page-64

It's just the same old carrot they keep dangling in front of new investors. Take a look at the carrot and see if there is any substance at all to it and you have to conclude that there is none because if there was they would be making progress towards geothermal, sands etc. So far absolutely zero deployments and zero progress in 6 years and that is a long time to achieve nothing, this is likely due to them simply being uncompetitive in the marketplace against the Rankine cycle, hence why any attempts they make are really just tokens to keep the dream alive. The only thing they have is the gas fired power plants. I hope they get it off the ground as that would allow me to exit. Trust only what progress is actually achieved Ross carefully words things and in general he is very misleading, he has to be given the consistent lack of any progress for his entire tenure as CEO.