IAHL Corporation (IAHL)

[AngelHillCorp]

** IMPORTANT UPDATE ** ~ Mr Peter Van Dyke Rebuttal ....

REBUTTAL TO POSTING # 31911 BY GOLD FINGERS

About three weeks ago, a campaign orchestrated by what both Thrush Aircraft and IAHL believe to be a person desperately trying to stop the acquisition of Thrush Aircraft by IAHL. I have been slandered unmercifully during this period.

Lance Watson and I are 50/50 partners in Integrity Aircraft Holdings, Ltd. As the Integrity was Lances and his former partner’s project, all patent communication and applications established with the patent attorneys prior to my entering into the partnership. At the time I had a session with attorney Kevin Crosby to understand pending patent. Further, I had a second meeting with attorney Crosby and he further instructed me in the patent process – middle of 2006. Attached hereto are the first pages of extensive communication on the patents. Also, “every P/R has NOT carried the blurb about aircraft patents”.

Next, we have never stated that we had “Design Rights” on the Trislander. What we have negotiated for on three occasions were the Intellectual properties needed to make the transition of an older aircraft into a modern Integrity. We are presently negotiating to acquire that necessity. Contrary to the statements attributed to IAHL P/R’s – necessarily we gave little recent mention of Integrity and spent most P/R’s trying to bring the purchase Thrush Aircraft progress to the shareholders.

Mr. Watson and Peter Van Dyke were both victims of the closing of Phoenix Continental Corporation. My loss was $540,000.00 and Lance lost his kits.

Peter Van Dyke and 127 others were FUNDERS to Phoenix – NOT INVESTORS or STOCKHOLDERS. Funders purchased short term notes which paid 12 % interest. Phoenix capitalized their operation in this manner. All monies were forwarded to Wilmington Trust Corp. of Delaware, as Security Trustees for the funders.

Further inaccuracies: Peter Van Dyke was elected by 86 of 128 funders to represent them to try and secure as much of the assets as possible. During the hearings, Wilmington Trust as our security agent tried their best to help us retrieve our assets covered by the security trust which was the collateral of the promissory notes, approximately 12 millions dollars. The Trust for the Estate of Phoenix “abandoned” certain assets which were covered by the Security Trust.

Peter Van Dyke never owned a shell. To establish a corporate entity for the assets, a Delaware corporation was formed. Again, I was elected President/CEO of Premier Aviation Group, Inc. Phoenix had joint – venture with a charter airline in Jamaica providing aircraft for partial ownership of Air Negril. All parties, that is, the Court Appointed a “Special Master”, attorneys and Trustees all agreed that the joint venture in Jamaica appeared to be a viable operation, but a difficult operation as the Jamaican Government does not give AOC’s to non – Jamacian citizens. I will address that venture in a rebuttal to the Albany, Ga weekly newspaper.

Answer to: How did Peter Van Dyke get the kits? Originally, the Board of Directors wanted to build out the kits as Trislanders. The Board later decided that build out would be too expensive to fund. The board then tried to sell the via auction – with no takers. To help Premier, I bought the kits and believe me, the moving and warehousing fees has exceeded $200,000.00, but with Integrity, the kits will be the first prototypes (to the rest sold).

I helped out the Watson’s in their difficult separation with their first partner. Subsequently, they turned to me for assistance. We had a contract drawn up, became 50/50 partners and established a corporation in Nevis, why, because to maintain the certification and build out of the Integrity we had to establish the Corporation on British soil. All agreements and the Corp. were prepared by our attorneys. There are negotiations in progress now to secure the necessary rights for the Integrity build out. I had hoped that was to have been a pleasant gift to the shareholders.

Shareholders, the defamation and assault on my personal character, orchestrated by a vindictive person, for me has been HELL. For those who trust me, thank you kindly. For others please do not be so quick to judge.

Further to the scandalous posting by Gold Fingers, Premier Aviation Group, Inc. had NO “SHADY DEALINGS” with anyone, but were the victims in the demise of Phoenix Continental. Peter Van Dyke lead a successful lawsuit against Wilmington Trust Corp. and won an out-of-court settlement of 3.3 million dollars and he continues to work free of charge as chairman of Jamaica Tour Link (www.Jamaicatourlink.com) and making that venture a success to finally reimburse those for the losses we sustained from Phoenix Continental. Please note – IAHL can verify ALL claims in this rebuttal.