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Re: fawtsc post# 2235

Tuesday, 05/25/2010 1:00:39 PM

Tuesday, May 25, 2010 1:00:39 PM

Post# of 3419
fawtsc, planbtotrade and I each raised different issues regarding the intermediaries.

Not to put words in planbtotrade's mouth, but I believe his assertion is that it was not done in order to avoid US SEC jurisdictional issues. I doubt that US SEC has jurisdiction over a Costa Rican company selling something in non-US countries. None of the countries you mentioned where TATF used intermediaries were the US.

My point was that using intermediaries costs money. From the information you provided, some TATF investors in some countries did pay some additional cost for their investments that US investors did not pay.

As for the TATF social address in Miami a few years ago, I don't know any details. Was that an independent sales agent, or some type of TATF office? Were they selling investments in TATF or were they selling or representing Raleo products?

I really didn't intend to make a big issue about the intermediaries, in any case. Having them introduces issues that wouldn't exist otherwise. That's about it.

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