We engaged Paul Marquez and Daniel Jordan of nationalbizval.com ("Nationalbizval"), to evaluate a certain asset of the Company, consisting of five (5) United States Treasury Bonds backed by the full faith and credit of the United States government (the "US T-Bonds"). Nationalbizval provided us with a ninety nine (99) page final report of their findings dated September 1, 2013 (the "Valuation Report"). Malone Bailey subsequently disagreed with the value assessed by Nationalbizval of the US T-Bonds contained in the Valuation Report. The Company's Board of Directors has discussed the subject matter of this disagreement with Malone Bailey which, as of the date of this amended Current Report, remains unresolved. The Company has authorized Malone Bailey to communicate and respond fully to the inquires by Keeton, concerning the subject matter of this disagreement.
Moreover, we engaged Avalon Advisors, an appraiser ("Avalon Advisors"), to review the Valuation Report and appraisal provided by Nationalbizval to ensure compliance with US GAAP accounting rules. Avalon Advisors has provided us with confirmation of its approval and acceptance of the Valuation Report and appraisal performed by Nationalbizval of the US T-Bonds. The Valuation Report reflected a valuation of each US T-Bond of one hundred forty million ($140,000,000) dollars, when the coupon is attached. All five (5) coupons are attached to the US T-Bonds. The aggregate value of the US T-Bonds would results in an increase in the Company's assets of approximately seven hundred million ($700,000,000) dollars.