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Re: None

Tuesday, 11/28/2006 1:54:30 PM

Tuesday, November 28, 2006 1:54:30 PM

Post# of 25904
Per Naiel Kanno:

* Update is due out at 9:45 tomorrow morning. The PR firm handles it so nothing is set on stone but they have been pretty much dead on. He fully epxects it to be out at 9:45.

* The bulk of the process is behind them. The rules and regs regarding a Chinese JV as very different so it's been a learning process but they are ahead of schedule in the overall process.

* Regarding contracts: While in China they met with 2 mining operations who "are just as anxious as iPackets" to get this thing going.