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Hi nembakz,
I spoke with Lazarus today. Actually I was incorrect. FIRB approval has been obtained and we are just waiting for some bureaucratic procedures with U.S. banks which should be completed in the next few weeks. The debt issue will actually be making money for Wattle after the first year as Wattle will be receiving 10% p.a. The new organic processing plant is progressing on time and under budget. Photos will be released when framing goes up in April. I was told that footings are currently being poured. B&P currently under FULL production and ramped up Wattle's organic IF production. I told him I would have preferred the name "Orgyum" rather than "Uganic" but he told me that a panel of "marketing professionals" decided on the name. There is a large inventory for distribution the week after next. According to Lazarus Wattle Health has never been in such a strong position. Strange that share market sentiment has never been worse! Oh well, you know what Buffet says!