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Nafariouss

07/24/07 3:57 PM

#4572 RE: liable #4564

the gaspers suite has to do with what they feel they are owed as a severance from what I have found..... and a huge one at that... and that current managements not following through with this would be a breach of contract of VM which is funny because it was put into place by the gaspers???
On the other side at the time of the gaspers .. it was only them, which is a breach of octbb rules :::::


From 20-f jan 16, 2007
TEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES

A. Directors and Senior Management

The name, age and position held by our directors and officers is as follows:

Name and Address
Steven Gaspar

Age
55

Position(s)

President, Principal Executive Officer, Treasurer, Principal

Financial Officer and a member of the Board of Directors



33677 Wildwood Drive
Abbotsford, B.C.
Canada V2S 1S2



Christopher Gaspar

Age
22


Vice President of Operations and a member of the Board of Directors

#356 B 2821 Tims Street
Abbotsford, B.C.
Canada V2T 4B1


Compensation of Directors

We do not have any plans to pay our directors any money. The directors did not receive any other compensation for serving as members of the board of directors. There are no contractual arrangements with any member of the board of directors.

We do not expect to pay any salaries to our officers, except Steve Gaspar and Christopher Gaspar as noted herein.


Future Compensation of Our Officers

For the fiscal year ending June 30, 2007, we will pay Steven Gaspar $150,000 and Christopher Gaspar $90,000.




10QSB may 26,2006
page 17 UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
http://pinksheets.com/edgar/GetFilingHtml?FilingID=4438470