RE: RE: RE: RE: RE: RE: RE: RE: Insider Selling The only thing I saw was the 30 May 2012 MD&A which showed it was not paid by that date and it recorded:
"On December 7, 2011, the Company entered into a loan agreement with a company controlled by two
directors of the Company. The principal amount of the loan, being $1,140,000, was advanced on
December 14, 2011 with the condition that the borrower may only use the loan proceeds to acquire
9,500,000 common shares pursuant to the exercise of share purchase warrants expiring on December
17, 2011 with an exercise price of $0.12 per share (completed December 17, 2011). The loan bears
interest at the rate of prime plus 5% per annum (accruing from the date which is three months from the
date of advance), and is due on the earlier of June 1, 2012 and the sale of any shares acquired pursuant
to the exercise of the warrants until the loan and accruing interest is repaid in full. The loan is secured by
a general security agreement. Current interest receivable on the loan is $5,997, bringing the total
balance receivable to $1,145,997."