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bluser

07/21/08 4:18 PM

#2677 RE: ORCA #2675

On 5/15,2008 MP stated "It is anticipated that WGL Entertainment Holdings, Inc. share values will rise to approximately 20 cents after the buyback is completed. With no convertible debt outstanding, stock dilution will stop completely and our shares can trade on pure market fundamentals"

bluser

07/21/08 4:23 PM

#2679 RE: ORCA #2675

WGL Entertainment Holdings, Inc, will retire all convertible debentures outstanding by August 1, 2008 totaling approximately $300,000.00.