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10MM Bridge loan from DHI Terms

10MM Bridge loan from DHI Terms

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We understand that <strong>DHI</strong> expects to provide a binding agreement for the <strong>Bridge</strong> Loan onor before February 10, 2006, with a suggested <strong>loan</strong> closing date of February 24, 2006. Inaddition, <strong>DHI</strong> have stated a willingness to provide an initial advance of $ 1.5 Million thatcould be provided by February 15, 2006, subject to mutual agreement on the <strong>Bridge</strong> Loandocumentation.We will work with utmost dispatch, attempting to complete the funding as set out herein.If you have any questions, kindly contact me.Sincerely yours,Tom StevensDirectorParadigm Global Capital Ltdcc:141 Adelaide Street West, Suite 1200 , Toronto, Ontario, Canada M5H 3L5Telephone: 416-963-5946 : Facsimile: 416-861-0650www.paradigmrea.com : tom.stevens@paradigmrea.com

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