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11/01/06 9:19 PM

#64 RE: tedpeele #63

I don't know what you talking about !!!!
This company is completely on schedule.


- Company Corporate Milestones :
The Corporate Milestone Events are:

i. by May 31, 2006, the Company shall have opened and produced revenue at 2 Clinics;

ii. by June 30, 2006, the Company shall have successfully completed a final prototype of the “Bluetooth” technology delivered by CSR;

iii. by July 31, 2006, the Company shall have (a) Successfully Tested the functionality of Bio-Patch Wireless Halter Monitor and (b) released Bio-Patch Wireless Halter Monitor to physicians for final testing;

iv. by September 30, 2006, the Company shall have opened and produced revenue at 3 Clinics;

v. by October 31, 2006, the Company shall have billed and collected revenue of at least $10,000 on the Bio-Patch Wireless Halter Monitor;

vi. by December 31, 2006, each Clinic shall have attained an annualized gross revenue run rate, based on the revenue earned during December 2006, of $350,000;

vii. by December 31, 2006, the Company shall have a Cash Burn Rate, based on operations in December 2006, equal to or less than $100,000; and

viii. by December 31, 2006, the Company shall have annualized gross revenue, based on the revenue earned during December 2006, on Bio-Patch Wireless Halter Monitor equal to or greater than $1,000,000.