1. RFID, LTD. is not creating sufficient revenue to cover expenses.
2. RFID, LTD. is not currently a party to any lawsuit.
3. RFID, LTD. has undergone a major resource loss of both operating
capital, and human capital used to attract operating capital in the
form of revenue.
4. RFID, LTD. has deemed that the costs associated with remaining a
public company are in excess of available capital resources and may
force insolvency.
5. RFID, LTD. has considered a spin-off of operations, and the subsequent
privatization of the company. A portion of any monies gained from
privatization may be allocated for the continued operation of RFID,
LTD. until additional operating capital is obtained in the form of
revenue or investment or for the next calendar year, whichever occurs
first.
6. RFID, LTD. may consider mergers, share exchanges and other
transactions that may involve the sale of substantially all of the
Corporations assets to another entity or entities.
7. RFID, LTD. has filed Amended and Restated articles of Incorporation
with the State of Colorado.
8. RFID, LTD. has changed the structure of its management team and Board
of Directors.
9. RFID, LTD. management still controls the majority of RFDL common
shares with 88,500,000 shares currently held. Less than 2,200,000
shares have been liquidated by known RFID, LTD. insiders in the last
28 months since reverse merger in July 2005, with a portion of the
liquidated proceeds being reinvested by insiders and used as operating
capital for continued operation of RFID, LTD.
Forward-looking Statements: This news release may include forward-looking
statements within the meaning of section 27A of the