ETCR Web site; http://www.equitytechnologies-resources.com/pages/275129/index.htm

ETCR Quote; http://www.pinksheets.com/quote/quote.jsp?symbol=etcr

Will probably do a quick bounce on Kentucky news until investors realize what's going on

In consideration of the rights granted to VPSH under the agreement, VPSH agreed to pay ETCR the following royalties: (a) an initial royalty of 2/3 of the first $150,000 in gross revenues received by VPSH from the State of Kentucky in connection with the Pilot Project. In the event the State of Kentucky extends or expands the Pilot Project, the parties agree that all revenues received in connection with such extension or expansion are the property of VPSH; (b) for all other projects incorporating or utilizing the intellectual property, VPSH agrees to pay a royalty of 25% of the net revenues if the project was undertaken VPSH as a direct result of an initial introduction to the customer by ETCR, or 5% of the net revenues if the project was undertaken by VPSH without an initial introduction to the customer by ETCR. Net revenues means the revenues actually received by VPSH from the applicable project less the direct costs incurred by VPSH in connection with performing the project. Other terms and conditions apply as more fully described in the agreement.