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DERBENSKI

10/04/07 9:31 AM

#81324 RE: Ineedmoreshares #81315

Ineedmoreshares

The balance on the debenture is reduced when FCCN releases the shares to GGI.

If Peacock is stating that there is a balance due, how can it be fully paid per the annual report? As far as the escrow covering the amount of the debenture, then yes.

If the shares were released to GGI, then the balance due would thus be reduced.

The subsequent PR strongly indicates that the final shares have not been released.

Carry on.

Derb