Ann: New Institutional Funding Agreement, page-20

Hi guys been on the sidelines watching this all fall apart. I stand by my comments made months ago that the directors need to be removed. They have effectively taken a company with strong prospects and turned it into a less than a penny dreadful. All at the same time taking in 1million a year between them. They have not delivered an ounce of shareholder value and should be held to account. This current development indicates the dire position we are in. They have exhausted the patience of sophisticated investors and now have to resort to the vultures in Lind. I will recall a conversation with one of the directors last year when I asked why hasn't a farm in partner been found, to which he replied, we are not going to take just any offer. Well after that conversation I cut ties with any communication because there was an arrogant tone to which I did not connect with. Business is about relationships and leverage. Two key things that these two obviously don't have. Therefore it is my opinion of the following. They will not get a farm in by the 1st of Jan which means Obl will not be operator. Rey are not actively getting a farm in partner because they are in no hurry and they know Obl will fail. I think that Rey want Obl to fail. It may be their intention to pick up Obl in a fire sale. Any which way we are screwed. In the current climate I don't see anything getting any better. All I want to see is those two gone. As the saying goes, do what you have always done and you'll get what you've always got. Boyesy if you are still watching this thread, we should have listened.