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Re: Black8 post# 19381

Wednesday, 04/11/2012 12:23:04 PM

Wednesday, April 11, 2012 12:23:04 PM

Post# of 130765
If PWC were to step down as Trustee, then someone else would step up and the same argument could be made that NIR and AJW have no control. In truth, AJW has the only legal standing, as they are the note holders (along with any of the other funds). They are the control. But they are a paper entity, and are managed by NIR, so NIR is the controlling factor. But it just so happens that PWC is the Trustee of NIR, so the control exerted by the Funds as managed by NIR is guided by PWC.

The shareholders need your assistance. They need it in the form of getting to look at the LOI. They need it in evaluating the PR made by (PWC). They need it in evaluating the potential of the product as it relates to EPGL, not just the market in general. They need it in deciding whether to vote for the R/S proposal. If you see that the proposal is really not in the best interest of EPGL, are you ready to support that position also?

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