Tom:
I can confirm that the Paradigm Funds are
currently in the process of orderly liquidation. What little revenue is
derived from Paradigm Global Advisors’ management fees is dedicated
exclusively to the expenses related to the process of unwinding the
funds. PGA and its related corporate entities will be dissolved at the
completion of this process.
Marc X.
LoPresti, Esq.
Tagliaferro & LoPresti, LLP
45 Broadway,
(212) 732-4029
(212) 232-2398 (fax)
(310) 312-1860
(310) 445-1866
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From: Tom Laurita
[mailto:tlaurita@4tellsolutions.com]
Sent: Tuesday, March 02, 2010 4:58
PM
To: Marc X. LoPresti
Cc: tomlaurita@aol.com
Subject: call from Hunter
Hi
Marc how are you doing? It has been a while-I hope all is well with the
family and for you.
Hunter
called me today regarding the request I made to Markus for some statement for
my accountant to allow me to write off my various Paradigm investments
and the Note due. He told me you had some concern about issuing something
in writing? According to the accountant I do not need much, some simple
statement justifying his taking the position that no payments are going to be
forthcoming. Hunter suggested a simple affirmation that the company is in
the process of orderly liquidation and will not be able to repay its Note.
What
do you think? Please give me a call or let me know on this.
Thanks
_________________________________
Tom Laurita, Chief Strategy Officer
4tell™ Solutions,
LLC
<
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