FLPC: from 10-K: Work Commitment – First Liberty shall expend not less than One Million Five-Hundred Thousand Dollars ($1,500,000) in Mineral Exploration and Development Testing ("Work"). The Work shall be scheduled according to the following schedule:
(1) One Hundred Thousand Dollars ($100,000.00) on or before November 15, 2012, which amount remains outstanding as of the date of this filing;
(2) Four-hundred Thousand Dollars ($400,000.00) on or before December 31, 2012, which amount remains outstanding as of the date of this filing;
(3) Five-hundred Thousand Dollars ($500,000.00) on or before December 31, 2013;
(4) Five-hundred Thousand Dollars ($500,000.00) on or before December 31, 2014;