They are working on 2 big sales contract right now: Lockheed Martin and Kaiser (sp?), a division of Rockwell with sales of 5B per year. Our current MC fully diluted is 8M dollars so either of these contracts could be company makers. As well they are negotiating with a number of mining companies and other potential deals. The sales cycles is not short from what I understand but the flip of that is when we do get a corporate commitment to our product, it will be hard to displace us as well. From what I am hearing we are supposed to get a major announcement of a deal with the next few weeks. That should wake the market up.

You may want to ask to speak to Elston Johnston. He has been a great contact for me. He also has been the most active insider from a buying perspective and he bought another 20k shares on January 5th at 19.5 cents. He now has over 4M shares, over 5M if you include warrants and options. Altogether, the insiders own over 30% of the company, and those are hard shares, not just options. Those are numbers I like to hear.

Glorieux