FLASH NEWS

Dear investors,

I am now the new CEO of Silver Hand, Apina agree to leave me her seat since i was already running all the financial and production for the corp. With my new assignation now I can issue the dividends myself and it is easier for me. Also as usual for mid-month dividend we gived out 2,000 isk per share today.


Tolmar
SHMEC CEO

JAN 07 Financial report

Greeting dear investors,

As you see our corp still increae our profit and by the fact our dividend every month, Latley I didnt publish report and i regret that, Probably because I was under wrong impression no one read it. Last month SHMEC gave 240,000,000 isk in dividend and Im aiming for 300,000,000 isk for next month. that is 15K per share still not alot but we need to keep our nav growthing until we reach the ipo price of 650K per shares. Currently our NAV per shares is 379K per shares.

Also we still have 1500 shares to sell if anyone is interested.



Tolmar
SHMEC VCEO