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Re: None

Thursday, 08/16/2007 2:55:06 PM

Thursday, August 16, 2007 2:55:06 PM

Post# of 157299
I believe the recast financials are in the prior auditors hands (GTEM also owes them some money I believe). They are taking their sweet time reviewing the restated numbers regarding valuation of assets. They have a set amount of time to complete the review of these numbers. I believe we will see the restated financials, hopefully, by the end of the month, if not before, and shortly thereafter, the company will be brought up to date on its financials and be current. At that point, they will be in a position to move forward, IMHO, with some other deals and partnerships.

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