Developing phosphate interests in the Georgina Basin, Queensland, Australia

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Sent request for follow up report from Patterson securities regarding LGDI

Thanks for that Ubenewbe. The one point he made about the Company issuing more shares for a possible purchase by our potential equity partner is hopeful, but to this point unfounded. I suppose that could have been done AFTER a deal was done for that matter.

It's apparent that he sees some of the salaries and company expenses as being a little over the top too. Let's hope he gets more clarity into the situation than we have.

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