Friday 27 June 2008

VBL Share Release

There is currently an acute shortage of VBL shares available on Capex, this is currently at an unacceptable level.

The shareholders meeting on Sunday will be discussing regaining control of treasury shares currently held by Sully Okelly. If this occurs the Board of Directors will then consider the release of 35,000 shares (7% of the company) into the market. The shares will NOT be dumped, they will be priced sympathetic to current shareholders.

As advance notice, if this motion is passed it is my intention to purchase as many of these shares as possible at what I consider a fair price. I currently hold 43% of the company and the sale would release a further 7% on to the market.

Regards,

CB

Cayman Beaumont
Verballis Translation Services - Words Across Worlds
caymanbeaumont@hotmail.com
http://verballis-translation-services.blogspot.com/