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jayrayfell

12/30/08 9:09 AM

#28 RE: learning as I go #27

This board will pick up after the new year.

I spoke to Ed yesterday and brought up something to him that Rainmaker mentioned to me. I asked the CEO to think about a forward split to make the stock a little bit more attractive to pink sheet investors. He brought up the fact that the volatility in the market and substantial losses has dried up a massive amount of liquidity on the over all pink sheet market (I agree) but he would consider it and if the Company did want to do it that it would be done in the 1st two quarters of 2009.

Conference Call: He said he is working on a deal that has taken the Company all year to get done and he is planning on having the Conference call as soon as it is done. He reiterated to me from a previous press release that "the board of directors believes it would be invaluable to have the conference call with out this deal in place."

Financials: The 2006 and 2007 are done and the 2008 is about a week or two away from being done and all will be posted the day before the conference call. He said "the longer it took to get the 2006 - 2007 financials done it made more seance to just put out the whole 2008 financials rather than chop it up". He said he took the advise from the accountant which said it would have been more expensive to do the financial twice in 2008.