Ann: Adidi-Kanga Gold Project Acquisition and Update, page-164

I value research.... he put in research showing the "history" of this convertible notes provider.

I would recommend all holders to understand the mechanism of these convertible notes, and the people who provide them.

The biggest issue in all this is this. Is JB desperate for funds, or does he not understand the devastating effect of these mechanisms on dilution (and share price)? Either way, it is not good for shareholder.

For the record, I like the look of the potential of VEC (albeit factoring the huge risk being so close to South Sudan), but when management involve financial mechanisms like this, history shows I am best too look else where.