any news., page-3

Wasabi still needs to have an EGM/AGM to rubber stamp this deal from last year????
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Xtract Energy has agreed to sell its holding of 61.5 million ordinary shares in
Aviva, together with an interest in a steel-making technology, to Wasabi in
exchange for the issue to Xtract Energy by Wasabi of 175 million new Wasabi
ordinary shares together with 25 million warrants exercisable at a price of
A$0.03 per Wasabi share. This is subject to the approval of shareholders of
Wasabi.

Aviva is quoted on the ASX market with its head office in Perth, Western
Australia. Aviva is growing a portfolio of energy assets with its most advanced
assets being the Central West Project. The company has commenced definitive
feasibility work programs to study the merits of a 400MW power generation
project in the Midwest.
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This would up Xtract Energy's (XTR) stake in Wasabi to 40%.

I am a holder in XTR and therefore very interested in Wasabi's prospects.

Rodders