Hi everyone,

I just joined the Tyhee shareholders community yesterday and must say I'm impressed by the activity on this blog and everyone's passion for this extraordinary company.

When doing my rookie due diligence I was able to find some info on sedar re insiders' shareholding - according to that info the current and previous insiders holds somewehere around 6% of the outstanding shares and around 15% on a fully diluted basis including options and warrants. Does that sound roughly familiar or am I way off?

Also, does anyone know how the remaining shares are held, are there any big institutional shareholders or similar?

Finally, re the Ming Fung MOU -- I think this MOU basically only involve upside for Tyhee although I'm a bit surprised that Tyhee hasn't announced it. I mean even if Ming was forced to do so due to Hong Kong listing rules and Tyhee was not , shouldn't they still have published it just to get some positive attention to the fact that they're progressing with raising new capital? Then again, I doubt that Ming's announcement came as a surpise to Tyhee. I'm sure they must have discussed it and that Tyhee has some savvy strategy behind not disclosing it simultaneously. If not previously discussed, Ming's probably too arrogant or unreliable to proceed discussions with.

As some other commentators have pointed out, it's positive that the MOU doesn't have an exclusivity provision. All it says is that they're chatting. Well, then make sure everyone gets to hear about it and invite others to the table!

Do we have any Canadian lawyers or others familiar with the TMX and Canadian listing and disclosure rules in the forum? It would be interesting to hear a comment on Tyhee's approach in this respect and generally what kind of substance such discussions/negotiations need to have to trigger Canadian/TMW-V public disclosure requirements.

Thanks,

Peter