BrokerCreditService Consulting Ltd. reports Olips paid 33,175,704 RUR worth of bills in May 2007 and kept working on its 4th promissory notes tranche. These promissory notes are valid for three months and are expected to yield 14.3% a year; they are to be paid by Commercial Bank Accept in Novosibirsk, SKB-Bank in Yekaterinburg, and Probusinessbank in Moscow. There is currently 93,333,632 RUR worth of promissory notes available altogether.

According to BrokerCreditService Consulting Ltd., Olips is dealing in promissory notes in order to attract external resources so that it can get more circulating assets, diversify its resource base, and create a publicly known credit record.