I understand your concern and the company has to follow the laws as outlined and enforced by the SEC. Much of the information gathered is by publications in Tasmania and other countries. I do not know how they gather their information.
I have read that the company is seeking to sell their percentage of the food business they own and use the money fro drilling and other corporate purposes. The money due from the Chinese to the best of my knowledge is still on track. Why it was delayed I do not know but this company is totally committed to exploring/drilling for hydrocarbons and will continue far beyond the Chinese portion. Many wells will be drilled and the funding will come from different sources. The Chinese, Sale of the food division, the 7 cent per share stock purchase, and other investor sources as needed.
The importance of the first well delivering hydrocarbons is essential to gathering new investors. They will flock to our doors on the first strike and we will look for the best deal possible for the company and its shareholders.
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