TAAT Global Alternatives Inc. (TOBAF)

[Prince Goro]

Improved Performance Reported
~ MOLOF
Since the deal, Molori says they have been able to grow reserves from under $5 million to over $30 million. A year ago they were producing 40 barrels per day and today they are producing 400 barrels a day. To add to the good news, they have been re-working wells with excellent results. Referencing about 100 of their wells, Molori states that operating expenses had been $20-$25 per barrel and they have been able to get that figure down to $10 per barrel. The end result is that they now believe they are pulling in over $200,000 in gross revenues monthly.