``The venture agreement provides that our co- venturer is to be paid $500,000 on a quarterly basis by the venture for services performed by the co-venturer.``

Question: Does TPL also put in 500k or is this our payment to them every quarter regardless of their effectiveness?

``Also, contract expenses amounting to approximately $8,000 were incurred during three months ended August 31, 2005 connected with a battery technology assessment project that was not incurred during the three months ended August 31, 2004.``

Question: Do we have this battery charging patent or was it applied for? Do we own 100% of the tech. and does anyone remember where/how we got it? (memory lapse TIA)

Wonder how the testing went.joe