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emulwa

04/20/07 11:48 PM

#2630 RE: Track #2629

We are getting the entire $2,000,000 plus shares. It was in the 10K. Here's a small piece.

The funds received by us pursuant to this promissory note will be distributed pro rata to our shareholders of record on the closing date of the Purchase Agreement;
100% of the outstanding common stock of Diamond I Technologies, Inc. is to be distributed as a dividend, pursuant to an effective registration statement filed with the SEC, to our shareholders of record on the closing date of the Purchase Agreement;

(The closing under the Purchase Agreement is to occur on or before June 7, 2007)

emulwa

04/20/07 11:55 PM

#2631 RE: Track #2629

Sorry, that reply was meant for mthus.