EC Legal Fees Support Status

I wanted to get out a weekend update of our fund raising efforts. Thank you all who have contributed, and if you have not please consider a contribution. We have had 21 Alliance members contribute to the Legal fund for a total of $71,693.00. Thank you all and I would like to remind you that we will petition the court to get these donations reimbursed when the EC is approved.

Please continue to check the docket this week; we are expecting to see some objections to our motion. We are looking forward to Aug 4th. Thank you again for your support and come back and click the ads while you are here.

Helping to Cover the EC Legal Fees

I have had to change the button used for sending us money to help cover the legal fees associated with bring our motion to court. Because the Litigation Trsut is not a 501(C)3 non-profit organization, we cannot use the "Donate" button from PayPal. We must use the "Buy Now" button. We really appreciate your interest in helping us with the legal fees. The process is not much different than it was before, but there is an additional step involved.

1. Click on the "Buy Now" button.
2. You will have the option to update the quantity of "items" you wish to "purchase". The items are in dollar amounts so will be entering how many dollars you are choosing to send us for the purposes of covering the EC Legal Fees.
3. You must click on "Update Totals" once you have entered the quantity you wish to "purchase".
4. Use paypal or a credit card to complete the transaction.
5. Accept our sincerest appreciation for your "purcahse".

Donating to Cover the EC Legal Fees

Thank you for wanting to help cover our legal fees. Please realize that all of us will benefit from the motion being heard in court and hopefully succeeding in getting an Official Equity Committee, whether you are part of the Litigation Trust or not. We need these donations and we need them now to make this work.

So far, our efforts to get donations to cover our legal fees and the fees from the valuation firm have met with some success. We are over halfway there. This is a remarkable amount given we have been raising funds for only a short period.

The bad news is that we still have a long way to go. The valuation firm was paid and Jason has received his first $10,000. We have been in contact with Jason and the costs have gone up since our last communication with him. We have a commitment now for an amount that the legal costs will not exceed. It is anticipated that this will be several thousand more than we currently have in the escrow account.

We need you to do at least one of the following things as soon as possible but no later than 5:00PM Eastern Time, July 26, 2010:

- Send a check or money order to Matt Resnick made out to Fox Rothschild and then send him an email telling him the amount you just sent and when; or

- Wire the money directly to the Fox Rothschild escrow account and then email Matt Resnick the amount you just sent; or

- Use the donation button located here (in the sidebar to the left). You will be able to use your credit card or PayPal account for this; or

- Send Matt Resnick an email telling him when to expect a check or money order and for what amount. This must be a firm commitment.

Matt Resnick's mailing address for donations is:

Certain Shareholders of the ABWTQ Litigation Trust
c/o Matthew J. Resnick
PO Box 1421
East Hampton, NY 11937


His email is: mattresnick@rocketmail.com

Checks or money orders must be made payable to Fox Rothschild or they will be returned.

If you are interested in wiring funds directly into the escrow account, please email Matt Resnick directly and he will be able to provide you with details.

Thanks again. Any and all donations for this effort are appreciated and will be used strictly to cover the fees to bring our motion before the Court.

DONATING TO THE EC LEGAL FEES

You will note that there are now advertisements located on the sidebar to the left. You will also see a "Donations" button. The donations are received at the PayPal account for Henry & Elizabeth Romero. We will periodically transfer that to Matt Resnick, the EC Treasurer, for deposit into the EC Escrow Account. You may email Matt (mattresnick@rocketmail.com) or Henry (hromero@ergodoc.com) or Liz (eromero@ergodoc.com) at anytime to check on the status of your donation and the costs it has been applied to.

EC Motion Documents

We have our motion now. Below are the links to the main document and all of the exhibits that were attached. It is a very good motion and our thanks go to the lawyer, the valuation team, those of you on IHUB, and of course our benefactor.

Motion - Main Document

Motion - Exhibit A - Trust Members

Motion - Exhibit B - March Letter to Trustee Requesting EC

Motion - Exhibit C - April Letter from Trustee Denying EC

Motion - Exhibit D - Valuation Report

Motion - Exhibit E - Summary of Classification & Treatment of Claims & Equity Interests

Motion - Exhibit F - April MOR pages referenced in Motion

EC Non-Disclosure Agreement

Please link here to get a copy of the non-disclosure agreement.

We intend to distribute some information as regards our efforts to get an EC that is of a confidential nature. We need some confidence that it will not be distributed to others not part of our efforts.

If you would like to receive this information, please return the NDA. Only those with a signed NDA will receive this confidential information.

Henry & Liz

Carbon Credit Article by Skip Wills

KFC posted this article for us to read. THanks KFC!!!

Henry


Carbon Credits Skip Willis 020410