quarterly, page-8

post announcement issue Quite right CR8

Cornell Capital wisely kept for;

1) working capital - a good 3 years plus....

2) To be Drawn on when needed and at the RIGHT price.

ie....Lets not forget that although Cornell have a history of being long term shareholders however there is no gaurentee they wont take a 150 - 200% profit if it is staring them in the face.

Therefore APG would be wise to draw on the money AFTER the shareprice has gone for a run which means APG put out less shares for $$$ and Cornell are not sitting on a pretty 200% profit and tempted to sell.

You do not look a gift horse in the mouth and the money offered by Cornell was put in place for working capital in the event that any deal struck with a major did not include $$$ for the APG bank account (in otherwords direct project funding only). If the deal does include $$$ for APG then they will not draw on Cornell.

For me i like to look at camel toes :)

Cheers