AND EVEN MORENOTE 3: RELATED PARTY TRANSACTIONS
For the nine months ended June 30, 2008, seven (7) other related parties (Board Member, Officers, Management or affiliated companies) charged the Company $663,802 in consulting fees. Of the amounts billed to the Company by these related parties, during the nine months ended June 30, 2009, $219,080 was paid in cash of which $84,086 related to prior years, $365,217 was recorded in common stock to be issued, and the remaining unpaid balance payable to these related parties was $163,591 which is included in current liabilities in the accompanying financial statements at June 30, 2009.