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hugh_jackoman

05/13/10 9:34 AM

#3195 RE: hugh_jackoman #3194

Looks like Mr. Li loaned another $353K to the company.

As of December 31, 2009, the remaining balance due to Mr. Li was $1,693,036. During the three months ended March 31, 2010, Mr. Li advanced $353,822 to the Company and was repaid $439. As of March 31, 2010, the balance due to Mr. Li was $2,046,419. Mr. Li has agreed that the Company may repay the balance when its cash flow circumstance allows.

wobblenuts

05/13/10 9:44 AM

#3196 RE: hugh_jackoman #3194

I'm surprised, wasn't expecting this until next month...things are due for a change.