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Re: syscat post# 120097

Wednesday, 10/12/2011 9:06:41 AM

Wednesday, October 12, 2011 9:06:41 AM

Post# of 127409
Board Authorizes the CEO to Pursue New Consulting Agreement;
In June 2011 the company was approached by a reporting oil and gas corporation trading
OTC.BB with request for consulting assistance. The prospect client company is seeking
consulting assistance for the development of their stock trading market, financing,
acquisition of targeted assets and the development of Australian assets they currently
control. In the event that Syndication executes the consulting agreement the Board declared
that the proposed 10% common stock ownership position tendered as part of the overall
compensation package should be included in the 2012, 1st Quarter dividend distribution.

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