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Old 02-11-2005   #19
Nickatilynx
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Join Date: Oct 2002
Location: Vancouver Canada
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Payout Update 02/11/05
EU Payout Update
We have reached an agreement in principle with a third party trust on the release of our EU funds currently being held. The third party trust will ensure all client funds, both in arrears and future, are managed and paid from a segregated account. Early next week we will be in a position to formally announce the plan, the process to release past due funds, and outline the payment schedule on a go forward basis.

Again, we thank you for your patience. You can be assured that with our new entrusted third party payment program, all payments will be made on time on a go forward basis.

US, RevShare and Catalog Payout Update
Currently we are not in a position to provide a date on outstanding US, RevShare and Catalog Payouts. As soon as we have more information an update will be provided. Please be assured we have every intention of paying our clients
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