to ds, page-3

capacity upgrades With cash of $1.2 million and increasing by several hundred thousand each month TOX has announced two capacity upgrades for a cash cost of $1.9 million AND now has the cash flow to fund these without debt or equity issues. These upgrades have the potential to produce revenue increases of $10-20 million per year (see Research Reports at TOX) IN ADDITION suspect that they may be able to substantially add to these revenue numbers by increasing solid and liquid industrial waste processing in Kwinana (where the State recently shut down its process facility) AND substantially upgrade its facility in Port Headland where it seems to be fully booked about a year in advance.

This continuing high growth situation will over time start to attract larger investors and the price will adjust accordingly.