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Sunday, 11/20/2011 3:36:16 AM

Sunday, November 20, 2011 3:36:16 AM

Post# of 21
Odd that Mattera had such a close relationship with one of the companies he was using to bilk investors

http://www.marketwatch.com/story/photo-release-much-anticipated-fisker-karma-luxury-hybrid-driving-event-to-take-place-in-palm-beach-florida-2011-08-29

Aug. 29, 2011, 3:09 p.m. EDT

Photo Release -- Much Anticipated Fisker Karma Luxury Hybrid Driving Event to Take Place in Palm Beach, Florida Avid Green-Tech Investor John Mattera Test-Drives Vehicle at Fisker Automotive's Palm Beach Dealership

FT. LAUDERDALE, Fla., Aug 29, 2011 (GlobeNewswire via COMTEX) -- According to John Mattera, a local South Florida businessman and green-tech investor, going green in 2011 has its perks. If the Fisker Karma is any indication, eco-friendly electric vehicles are sleek, sexy, high performance, and every bit as stylish as their luxury contemporaries, Mercedes-Benz, BMW, and Jaguar. Later this week, owners will finally get to test drive the illusive Karma, during an exclusive driving event in Palm Beach. As the Fisker Karma luxury hybrid makes its way into the hands of owners like Mattera after a three-year pre-sale, automotive enthusiasts and environmentalists agree that sustainability has never looked so chic.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=10374

The Fisker Karma is a plug-in hybrid luxury sports sedan equipped with a solar panel, which recharges its Lithium-Ion battery and assists the car's climate control system. According to Fisker Automotive, the Karma could achieve 100 miles to the gallon, has a top speed of 125 mph, and in "sport" mode goes from zero to 60 in 5.9 seconds. Karma owners have been anticipating getting behind the wheel since the pre-sale.

John Mattera of The Mattera Reserve, Inc., one such owner, has been awaiting his model as an automotive enthusiast, investor, and environmentalist. "As one of Fisker Automotive's investors, I stand behind the company and the design they've created. The Karma is sure to change what 'eco-friendly' means for luxury cars," said Mattera.

John Mattera and his wife, Dr. Lan Phan Mattera, have purchased two Karmas, red and white to arrive later in the fall, and will test drive the Karma at Fisker Automotive's exclusive Karma driving event September 1st. Fisker Palm Beach, the newest addition to Palm Beach Motor Cars in downtown West Palm Beach, FL, will host the event as one of North America's largest and most award-winning retailers of Aston Martin, Jaguar, Land Rover, Range Rover, and soon, Fisker.

The Fisker Karma's sleek, stylish lines redefine the image of eco-friendly hybrid cars.

About Fisker Automotive, Inc.

Fisker Automotive is an American car company, founded in 2007, committed to producing electric vehicles with extended range (EVer) that deliver uncompromised responsible luxury(TM). The Fisker Karma Sedan is the world's first premium electric plug-in hybrid representing the company's firm belief that environmentally conscious cars need not sacrifice passion, style, or performance. Fisker Automotive is a global company that is redefining luxury for the modern sports car buyer.

For more information on the brand and the Fisker Karma Sedan, please visit www.fiskerautomotive.com .

About John Mattera

John Mattera is currently the Chairman and CEO of The Mattera Reserve, Inc. a worldwide private equity firm with investments in 23 countries. Together with The Mattera Reserve's partners, the company has backed many of the world's best entrepreneurial leaders. Mr. Mattera is also is committed to providing business-building solutions to growing firms across nearly all industries. For more information please visit: www.thematterareserve.com

The Mattera Reserve logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8219

About Palm Beach Motor Cars

Palm Beach Motor Cars is one of North America's largest and most award-winning luxury car retailers, home to premier brands such as Aston Martin, Land Rover, Jaguar, Range Rover, and now Fisker. Palm Beach Motorcars has been family owned and operated since 1979, providing full service to the Palm Beaches from their downtown West Palm Beach location.

For more information, please visit Palm Beach Motor Cars or contact the dealership:

Palm Beach Motor Cars
915 S. Dixie Highway
West Palm Beach, FL 33401


This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: The Mattera Reserve

CONTACT: Shivani Gupta, Drive Public Relations
info@drivepublicrelations.com



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Fisker dominates the Mattera Reserve facebook page:

http://www.facebook.com/pages/The-Mattera-Reserve/130170143704816


Seems like if Fisker and Mattera were that close then Fisker would have some idea about the way that Mattera was simultaneously using the Fisker company to cheat investors out of millions of dollars.


The Praetorian Fund also made a private placement memorandum for G II available to prospective investors (“the G II Memorandum”). This memorandum was similarly false. It referred to G II as “the Company,” “we,” or “us,” and referred to “our common stock (‘Common Stock’) in Fisker Automotive, Inc.” (emphasis added). The G II Memorandum offered $20 million worth of shares of G II at a price of $2.00 per share. The memorandum represented that each share of G II would be convertible into one share of Fisker common stock. The G II Memorandum therefore impliedly represented that G II held 10 million shares of Fisker common stock, which Mattera and Van Siclen knew or recklessly disregarded was false.

Mattera acknowledges he never owned Fisker Series A-1 preferred stock, which the investors were told they were buying. He did have a substantial holding of similar Series B stock, which he said he tasked associates Bradford van Siclen and John Hartley with selling. Mattera said van Siclen, the New Jersey-based private equity broker who is a defendant in the lawsuit along with Hartley, was responsible for misrepresenting the offer.

Mattera used a title company owned by longtime associate Johnny Ray Arnold.

In the Fisker deal, investors deposited a total of $4.5 million in Arnold’s First American Service Transmittal, where it was supposed to stay until they received proof of ownership. The money was pulled from the account. Johnny Arnold passed the money along to himself and to John Mattera, as well as to accounts registered to Mattera's mother and wife, the complaint said. The investors ended up with nothing.



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Drive Public Relations

http://www.drivepublicrelations.com



Shivani Gupta of Drive PR, Jon Marquez of Drive PR, and Lisa Yigit from the Mattera Reserve





The Fister Karma





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