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Re: WIDESPREAD PANIC post# 334

Tuesday, 01/06/2009 9:53:13 PM

Tuesday, January 06, 2009 9:53:13 PM

Post# of 453
Panic, since the release of ETLT from receivership has taken place, would one be correct to surmise that ETLT has paid the judgment in cash and the four items listed have occurred?...

Subject to payment of the judgment and court awarded legal fees, Western's settlement offer will provide:
1. General Release of any future litigation.
2. Agreement to petition the Special Receiver to reduce the fines and
costs for contempt.
3. Agreement for the removal of the "Q" on ETLT's symbol.
4. Agreement to request to the Special Receiver for release of all assets
under his control, including the return to Treasury of the newly
issued shares.

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