Board,

Hiatus Over.

First of all, the expired license is for the Green Fuel Business. Since we all know that this project is on hold for now for all intents and purposes, this is no surprise and not an issue. The focus of the company is exploration, most of us recognize that.

The second post on this issue has to do with Tri Con. It is true that two of three licenses are expired. From the website ADoC,

http://www.commerce.state.ak.us/occ/bussearch/BusMain.cfm

One license (189850) expired 12 years ago and clearly is irrelavent to current operations. The 254804 license expired 2.5 years ago, well prior to Silverado via Tri Con performing licensed drilling operations at Nolan. This license expired relative to an address change and the third license, clearly the one that matters here, is fully in place and expires 1.5 years from now.

Silverado is fully covered to perform exploratory operations at Nolan via Tri Con, right now, contrary to the misleading context posted.

Regards,

3.6x10e6