March 18, 2008...we had hope when he called the attorney

All-

I was just phoned by Paul Douglas and was told the following:

They are in the process of finalizing BG (or whatever you do with a BG) in the amount of $123,560,000 USD (I have seen a copy of the BG attesting to this) and will use that, along with shares from the recent purchase of a company, to collateralize a contractual arrangement with a Chicago based company. The company has $50M in funds allocated for this purpose. Paul has already sent the contract to the Chicago Company, the Chicago Company has already agreed to the contract terms (the Chicago Company is waiting by the phone/email to complete this deal) and the funds should be available this week. Once this is completed, the funds for the 3 smaller deals (Terry, Amendola and Heights) will be wired into my IOLTA account, whereupon I will wire them to the respective parties. As stated, he told me this should happen this week, as the Chicago Company is RWA.

RCM is finalizing a larger deal that will have Dobbins attached to it, and Dobbins should be funded either next week or the following week.

You are free to send this to Client #1, but inform him that, prior to disbursing any funds I will require him to sign a formal release with this firm.

I am now waiting for Paul to get back to me about the final docs, etc., which he told me should be in a few days.

Understand that Paul has NEVER called me before and I take this a light at the end of this tunnel.