This excerpt taken from the OME DEF 14A filed Apr 25, 2006.
The Audit Committees purpose is to:
This excerpt taken from the OME 8-K filed Dec 8, 2005.
The purpose of the Transaction is to finance and/or refinance 80% of the depreciated actual cost of the Companys future projects.
Final approval for all such future projects requires individual approval and an amendment to this Approval Letter (the Project).