The following e-mail was received by bondmat, a longtime believer in RA, in response to a question about the status of the appeal in the SEC case. This e-mail was posted on the Yahoo! "Un-official" USXP board. It is clear from this response that the receiver is completely in charge, and RA is totally out of the loop:
P.S. bondman is urging people to email Tifford with other questions because Tifford has shown a willingness to respond (this is the second email response posted on the Yahoo! board). I kind of think the response rate will drop to zero once dozens of questions start coming his way.
Dear Mr. XXX,
Thank you for your e-mail inquiry to which this replies.
USXP has been placed into receivership by court order of the Hon. Gerald E. Lynch, US District Judge. The original order was dated August 31, 2007 and filed on September 4, 2007. The order was subsequently amended on September 9, 2007, effective August 31, 2007. The court-appointed Receiver is Jane W. Moscowitz, Esq., Moscowitz & Moscowitz, P.A., 1111 Brickell Avenue, Suite 2050, Miami Fl 33131; Telephone: 305-379-8300; e-mail: jmoscowitz@mmmpa.com.
I am awaiting instructions from the court appointed receiver regarding what action to take in the US Court of Appeals for the Second Circuit, the Federal Appellte Court in which the pending appeal currently is being pursued. At this moment I do not know, one way or the other, whether the Receiver wishes to continue prosecuting the appeal or abandon it. Those instructions should be received shortly, however.
Athur W. Tifford, Esq.
Tifford and Tifford, P.A.
