tnc valleyarm global partnership list, page-17

JB

1) Your accounting description is incorrect as Liberty has recieved 400K which is non refundable from an contract farm in on a mining tenement that didnt continue.This amount is not included in the accounts and the group is broken down into many subsiduaries each with cash reserves.You can check that by going through the Liberty Mining accounts.

2)Valleyarm have ITunes and Amazon MP3 as partners as well as Bigpond and Nokia ,and to say these wont increase revenues when clearly the announcments last week clearly stated otherwise is misleading.

I quote from the Nokia announcment last week.... """The Agreement considerably expands the potential audience for Valleyarms music catalogue by making it available to a range of Nokia phones and to personal computers throughout the world via the Nokia Music Store Ovi, and is expected to SIGNIFICANTLY increase Valleyarms revenue and earning
potential""".