Mr. Robert Sim reports

First Choice Products Inc. has received a partial revocation order from the B.C. Securities Commission of the cease trade order in British Columbia for the express purposes of effecting shares for debt and the raising of funds to be able to make applications to the three security commissions in B.C., Alberta and Ontario to lift the cease trade orders. This partial lifting of the CTO in B.C. allows the company to raise financing in B.C. to finance the full CTO revocation and resume trading on the Canadian Securities Exchange.

All outstanding audited financial statements have been completed and will be filed when funds are available. This will allow First Choice to proceed with its annual general and special meeting.

First Choice plans to finance the aforementioned financial requirements by way of private placement available only to B.C. residents at a price of 2.5 cents per share to maximum subscription proceeds of $60,000. The shares for debt will satisfy $404,650 and will be converted at five cents per share.

First Choice is reviewing business opportunities as this reorganization proceeds.