indian partner, page-5

Hi reinman

I understand both parties were waiting for the successful completion of the Coldry trial as part of the due diligence process. This has been achieved. Next would be the announcement of ESI securing a coal resource which should not be a problem, followed by a bankable valuation.

The approximate sale price per tonne was mentioned in my previous post, however if you require confirmation please visit the following Indian website and click onto SESSION 3 then click CLEAN COAL TECHNOLOGIES.

http://www.sustainabledevelopment.in/events/cleantech.htm

It will download a PDF presentation by TRICOM equities to the INDIA CLEANTECH FORUM on the 3rd August 2007. Read it very carefully and compare ESI with the other Company mentioned which has a market cap of $300 million. Very similar to ESI though at a slightly more advance stage in commercialisation. Targeting different resource and different markets. ESI processes are much more efficient.

As for everything being kosher. Please read the notice of meeting ( Note 2 ). Notice the options exercise price are staggered 15c, 30c and 35 cents. It would be difficult to do a hit and run without achieving significant results. Lets not forget its a tightly held register, so it would not take much to move the shareprice. Havent noticed any change in sub holdings notice since the last top 20 release 12 months ago.

Regards
RBA