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stervc

08/22/07 10:45 AM

#25059 RE: ktran11 #25009

Ktran11, to answer your questions…

Answer to 1st Question: I think the deal will go through because of the three conversations I had with Martin Allen Brown who is the Founder of Zhemian Ventures and the one who is responsible for raising the $125 million in Venture Capital from the Institutions. Here is a little bit about this guy’s credentials: Martin is also a Securities Lawyer too that specializes in many things to include SEC/NASD compliance. He has been appointed by Mayor Kathy Taylor of Tulsa as a member of the City of Tulsa’s Economic Development Commission. Martin also specializes in the net income (NI) approach vs. net operating income (NOI) approach to capital structuring. Martin was the recipient of the TU Law Alumni Association’s Outstanding Committee Chair award in 2004 and Outstanding Alumnus in 2005.
http://zhemian.com/about.asp

The first couple of times I spoke with him, he was very informative while educating me on how the Venture Capital business works within the Investment Banking arena as I have explained in a few previous posts. He is very intelligent in that particular arena. He was the one that explained to me how the $125 million deal will benefit Appletree Capital/WNSH during the first two conversations I had with him too.

The third time I called to speak with him, he was still very friendly and courteous, but I could tell that he was much more reserved as he definitely made it known that he had received a few phone calls since we last spoke. I think when I asked him if I could give out his name and number to some message board forums that he really did not understand the magnitude of the potential call volume. I did my best to explain such back then, but I still could tell that he had no clue what stock message boards really were. He definitely makes it known now that I would need to talk with Frank, the CEO of WNSH, for any stock questions. Heck, I didn’t mean for him to get swamped with calls.

I got a little out of him still on the third call as he assured me that everything was still coming along very well with the raising of the $125 million and other thoughts I earlier explained and posted. He then made it known that there is much that he can't tell me, that he doesn't know, and that he doesn’t want to know as he mentioned that he is only a third party that was only responsible for raising the $125 million. He said that he just doesn’t know Frank’s plans with the stock, but he said that he can assure me that Frank and Appletree Capital/WNSH are very legitimate and the real deal or they would not even be working to get the $125 million for them. I got a little more out of him, but that was about it as he had to take another call.

Answer to 2nd Question: Winsted offers to Appletree Capital a shell to reverse merge into to trade as a public entity from the private realms. Appletree Capital bought the WNSH shell for $2,000. There are some thoughts as to the who, what, when, where, and how's to the deal, but read the post below for a quick recap as potential historical reasons around the purchase:
http://investorshub.advfn.com/boards/read_msg.asp?message_id=21938605

Answer to 3rd Question: As for the next PR, some of the things that the company is working on will require SEC approval. Some of it will require submission to the SEC and to not take any further actions dependent upon the response back from the SEC. If everything goes as planned, I am guessing sometime in the very near future. Please don't quote me on that because many of us already thought (or really were just hoping) that news would have already been released by now.

v/r
Sterling