Cartel Blue Inc (CRTL)

[vantillian]

***ATTENTION BOARD - VERY IMPORTANT***

Just got this from Chad...

Bob,



I’m out of the office until Monday taking some time off. I’m getting allot of emails showing up on my PDA about the A/S increase. I am not at home and out spending time with my family. Can you post this letter on Ihub so that people will have the information that I have. First off, everyone needs to understand that the pro forma numbers we used were based on 957M shares which we felt was a worst case scenario. I believe we will be able to reduce that number some but I wanted to give investors the worst case possible. I’m going to give the entire share structure as I know it to end any speculation. The transfer agent is not gagged but simply has a policy against giving out information on Pinksheets. I have full access to the transfer agent and will be glad to give shareholders updates bi-monthly. Here is the current share structure.



As of yesterday



5M preferred issued and outstanding. 2.4M for Mr. Carnes, 3.6M for Mr. Collorafi



The reality..

A/S 1.5B

O/S 363M

Float 318M



The Carnes factor..

240M converted preferred

370M for 2 promissory notes (worst case number, could be less than half)



There was additional preferred issued to Mr. Collorafi (I don’t know the exact number yet) so that he would maintain control. This is a voting bloc, “poison pill” and not intended for conversion.



That brings the total O/S to about 957M with a 318M float. The A/S was increased to 1.5B to insure there was adequate room for conversion of any shares and to allow for some additional treasury shares for future growth. Please use the 957M figure when doing your fundamental analysis. Tell everyone that nothing has changed and we are still looking at .001/.004 earnings once production starts. Production however may not start for several months so the Company may need to do some bridge loans. Equity may be used to secure these loans but we are not dealing with Carnes anymore so any financing we do will be the best deal we can get. I’m sure those who would like to see the Company fail will be out in full force over the weekend spinning the A/S increase. Do not expect a press release because this is information I have readily given anyone who has bothered to contact me. For those who want answers they need to contact me and not read the latest gossip on the message boards. I am the only one authorized by the Company to give information to investors. If folks have questions they need to ask me.. not some anonymous poster on a message board. Again, I will be out of the office until Monday.. I need days off too.





Warm regards,



Chad C. Sykes

President and CEO

www.numarketsolutions.com

Numarket Solutions, Inc.

Phone: [phone]

[e-mail]