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Rick-UK

10/28/10 5:41 PM

#104561 RE: relikwie #104557

Rel this is also how I read things, but in addition we now know that a Board Director of China Direct has taken a position on our board of directors. This indicates to me that they are now satisfied with our potential at least at Handcamp and hopefully at Rusty Ridge too and that they are indeed prepared to fund us to significant levels as well as act as our consultants in China. My assumption is that part of their requirements for investing significant further capital in us is that they get board level representation - hence we now have a new CFO. This is not an uncommon requirement when an investor takes a large position in an organisation. But they would not do this unless they were very confident of success!