Independence Resources (SNKTYOB) 8-K Regulation FD Disclosure

ANNUAL GENERAL MEETING

December 14, 2009

Exhibit 10.1

SAFE HARBOR STATEMENT

This contains statements that may be considered 'forward-looking statements'

within the meaning of the Private Securities Litigation Reform Act.  Forward-

looking statements by their nature involve substantial uncertainty, and actual

results

may

differ

materially

from

those

that

might

be

suggested

by

such

statements. Important factors identified by the Company that it believes could

result in such material differences are described in the Company's Annual

Report on Form 10-K for the year 2008. However, the Company necessarily

can give no assurance that it has identified or will identify all of the factors that

may result in any particular forward-looking statement materially differing

from actual results, and the Company assumes no obligation to correct or

update any forward-looking statements which may prove to be inaccurate,

whether as a result of new information, future events or otherwise.

•

On October 23, 2009 Senetek’s Board Engages

Miller Tabak as Strategic and Financial

Consultants

PHASE  I

•

Miller Tabak Completes Review of Company,

Direction, Existing Technology and

Management

PHASE  II

•

Miller Tabak Reports on Findings and Makes

the Following Recommendations

–

Change the Focus and Direction of the Company and its

Business Model

–

Identify Potential Business Partners for Merger and/or

Acquisitions

–

Do a Capital Raise

PHASE  III

•

Execution . . . Currently in Discussions with

Multiple Investors and Partners.   However,

there is no Assurance that this will Culminate

in a Completed Transaction.

PHASE  IV

“THANK YOU FOR YOUR

CONTINUED SUPPORT”