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Thursday, March 18, 2010 8:18:07 PM
The Board further acknowledged that the Company had now evolved beyond its
development stage activities and was engaged in the process of purchasing assets and
moving toward revenue generation. However, the market had not yet bestowed such
recognition upon us. To complicate matters further, prudence demanded that we delay for
a short period, our decision to commit to our original warehouse site until we complete a
comprehensive analysis of an 11th hour offer by the State of South Carolina regarding an
alternative warehouse. Therefore, in our opinion, benchmark achievements having the
potential to positively alter the public perception and stock valuation of the Company
have not yet been realized nor reflected in our stock price.
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