EPSOM INVESTMENT SERVICES N.V.
EPSOM
INVESTMENT SERVICES N.V.
CP 261,
10 route de l’aeroport
1215
Xxxxxx 00
Xxxxxxxxxxx
31st August
2008
Dears
Sirs,
Further to our discussions and in view
of your current balance on the credit facility exceeding USD 2.4 million. We
understand that you are currently awaiting the closing of a placing with
Newlands Stockbrokers in London for additional working capital.
In order
to overcome your immediate short-term cashflow situation, we can confirm that we
are willing to increase your facility to USD 5 million, on a temporary basis,
until the successful conclusion of the aforementioned placing or until 31st
December 2008, whichever is the earliest.
All other terms and conditions will
remain unchanged.
We will
review the facility again with you in three months time.
Yours
faithfully,
“Xxxxx
Xxxxxx”
Xxxxx
Xxxxxx
Director
for and
on behalf of Epsom Investment Services N.V.
Registered Office : Main
Street, Charlestown, Nevis, West Indies
Administrative office : X.X.
Xxx 000, 0000 Xxxxxx 00, Xxxxxxxxxxx
Tel.
(x00) 00 0000000 Fax (x00) 00 0000000
