Juliette / tim,

I got back at 3am from Bansko so this is just a brief message. I will hopefully find some way of uploading some photos for you later. Basically, the structure is complete but the development is not finished by any standard. Blocks C and D are far more advanced and theoutside is rendered and cladded and looks very good. Inside, some rooms have laminate flooring down and are plastered. Most rooms in D block have fitted bathrooms. The most striking aspect is how incomplete the rest is. The lift shafts are empty and all stair cases are bare concrete.

Our legal rep from Ralitsa Galiva (throught fidentia) state that we should hold off final payment as it is perhaps 3 months until it will be habitable.

I will try to get a link to some photos and will post a message when I have worked out how to do this.

Tim, where have you been contacted by other investors?

regards.