Were F UCKED CORPORATE DEVELOPMENT
2013 Outlook
In 2012, the Company continued in its search for joint venture partners or buyers of its remaining Swedish and
Norwegian properties after deciding not to
allocate any of its remaining resources
to these properties. Any properties
not sold or optioned will be dropped as carrying costs come due.
The Company currently has a working capital deficiency of
$301,448 and will therefore need funding to continue its
operations through equity or debt financing, sale of assets, joint venture arrangements or a combination thereof.