The sale of the Company's Gold Interests is now a "done deal." Final and very necessary steps are being taken to expedite the completion of this transaction. The Company has no problem in the completion of these last steps; the minor delays are being solely caused by the other work commitments of the external Professional Advisors whose completion of their work for our Company is vital to the final conclusion of the sale.
This is simply a long standing error with 5 Trillion shares of your Company’s Common Stock being Authorized. We will be amending our Articles of Association to change the authorized to an amount of 75 billion shares of our Common Stock being Authorized. We have absolutely no intention of issuing additional shares of our Common Stock at this time (particularly after having repurchased and cancelled 50% of our outstanding shares of Common Stock) but wish to have the capacity to do so, should the need arise at any time in the future.