Aero Contract Dissolution

By: Drake Management

After careful review of the existing agreement and the continued inability to reach a mutually beneficial arrangement, Drake management has decided to terminate its relationship with Aero Surface Mining Technologies. This decision resulted primarily from Aero's 1) failure to meet its contractual obligations and deliver the Explorer 500 to Georgia as scheduled, 2) failure to provide proof they were adequately licensed, bonded and insured, and 3) failure to provide adequate assurances that such a relationship would be in the best interests of our shareholders.