SFMI is appealing the Judge's decision...so this could take a few months. Also, correction was made on the mill operations. We should be expecting another PR before the date. JMHO!!

The Registrant has retained new counsel to file a motion to vacate the Judgment, and believes it will be vacated. In the event the Registrant is not able to vacate the Judgment, the Registrant will need to raise capital to pay the Judgment.

Separately, the Registrant recently curtailed operations at the Diamond Creek Mill for summer holiday and furloughed most of its employees. The Registrant expects to be back in full operation by July 8, 2013