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Lindevin

07/22/06 3:31 PM

#1265 RE: banchrima #1264

banchrima - this expectation is with one contract worth around 40 million should do it. It has lot of potential because it has the scope of getting lot of such projects in the oil industry. With the kind of share structure it has - it will be in no time be in bucks.
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ghcnj

07/22/06 4:27 PM

#1266 RE: banchrima #1264

banchrima, I believe my estimates to be fairly accurate if not conservative based on an estimated value of $52 million dollars which I used as an average. We are looking at the oil recovery projected estimated to be $20 - $60 million dollars and the internet company estimated between $12 - $15 million dollars. So $32 - $75 million dollars together. As far as a time frame I hope they wrap up the oil recovery project contract next week, two weeks at the most. The internet company I would think would be 3-4 weeks away because they are auditing it first and that will take some time. So to answer your question on a time frame it could be this week through the next four (4) weeks for the completion of both. If you have doubts I would suggest you don't invest in this company or if you do invest just put in only what you can afford to lose. Just a suggestion on my part. When contracts are signed, sealed and delivered this could be a financial life changer for some. Especially if they hold for the AMEX listing expected by the end of 2006. All IMO. Good luck.