russian deal is dodgy, page-23

##Brad...its 12% per annum and Cornell is getting all of his money back,interest and principal by August.##

What in hell are you talking about ? the only way Cornell gets their money back is if they sell their shares for a profit, to do this the price has to go UP.
And they don't receive their final alotment of shares until August 2006.


Do you really believe what you have written?

Cornell gets $25000 worth of shares every two weeks at a 6% discount to the average price.

Agree?

He then gets all his money back by way of shares which will include the 12% interest levy.

Agree?

He gets all this back with NO need to report disposal to the ASX as he never goes over the 5% threshold.

now who is to say he is not "gambling" so to speak while punters like you ramp the Russian deal.......

he exits for a nice return.

he gets all his money back and does not allow SKG to draw down on the other line of credit if the Russian deal does not come off.

It all hinges on the Russian deal......Cornells money and SKG's future.

A very big roll of the dice.