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Wednesday, June 18, 2008 10:33:08 AM
I apologise for the short e-mail but it's 4 am and I am in Singapore meeting the corporate and Rally sponsors of Cannonball 8000 Asia.
There is no dilution and there is certainly no 504 or financing of any nature through stock issuance. This was a contracted agreement in line with the Brand expansion of Cannonball 8000. If individuals wish to scare monger on this subject then that is their prerogative and there is nothing I can do about that. They also allude to the lack of strong news which, the majority of people must admit, is something which we have and with more to come.
For your reference, the company has been communicating with 2 different clearing houses (Ridge and Legent) and 3 different brokers to apply for DTC eligibility and this is something which we are expecting shortly.
If you want to discuss further, please contact me on 20th June when I get back to the UK.
Yours,
Conrad.
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