19h45 18 December, 23 341 AD

Upon the release of Tech II, and NAGA Corporation's recent Quarterly General meeting the following press release was issued by Perera, Chief Operating Officer.

CURRENT STATE OF BUSINESS

While the advent of Tech II threatens the viability of most Tech I named modules, we will continue to advance the brand image of NAGA Loot Shop™ as a single stop destination of nevertheless desired items and perhaps the most invaluable of commodities, free advice and knowledge through the Bazaar Channel™. We do not anticipate that the fruit of the Crielere Project will reduce the need for most of the items we trade in overnight, moreover we will be watchful of developments in new and improved modular technology but in development within Empire Space and that used by the more nefarious elements of EvE out in 0.0 territory. Ultimately, the Shop will remain open.

As we are not a public listed company, we are not obliged to advertise our current financial status. However, any developments mooted in the long term creation of an EvE stock market will be watched. A privately owned share scheme is being drawn up and will be implemented in due course.

RECRUIMENT POLICY

No change. We are an invite only corporation and until further notice we will remain so. Otherwise we are pleased to welcome Rigz, Perera's brother to the fold. Rigz will be concentrating on Agent Liasion, utilising his contacts in Caldari State.

POLICITAL / CORPORATE STANDINGS

It is with some regret that we have recently been asked to discontinue and vacate our activities in the Curse region, following the Alliance's dictate to close it's borders to all non-members. It was decided that practicalities made it common sense to adhere to this concentrated effort by the CA to enforce this more stringent policy. Our relocation has ensured that the loot left behind by hapless Curse Angels will not be neglected however. Indeed, the now blossoming hostility and more dangerous pirate squadrons promise more lucrative yields, provided they are treated with the new found respect they deserve. As yet, no NAGA vessel has been lost to them and although our tactics have had to be re-addressed it has not been without success; our Hunter/Gatherer ships have downed several 250,000 ISK bounties, the largest we have encountered so far.