Subject:

CONFIDENTIAL

From:
"Marc X. LoPresti" mxl@tlcorplaw.com
To:
"'Tom Laurita'" tlaurita@4tellsolutions.com
CC:
tomlaurita@aol.com
Date:
2010-03-09 18:42

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

New York Office:
45 Broadway, Suite 2200
New York, New York 10006
(212) 732-4029
(212) 232-2398 (fax)

Los Angeles Office:
12400 Wilshire Boulevard, Suite 820
Los Angeles, California 90025
(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

 

< span style='font-size: 9.0pt;color:gray'>207.828.7900 x304  O

207.542-.5751 M

 

tlaurita@4tellsolutions.com

www.4tellsolutions.com

 

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