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Re: Progafa post# 20320

Wednesday, 04/17/2013 8:30:51 PM

Wednesday, April 17, 2013 8:30:51 PM

Post# of 26631
Neither post lists UBS engaged as defense counsel.

They appear to have been hired to review the offer and write an opinion. Please respond to the other cases where legitimate defense counsel was engaged, defended PTQ, and were not paid. Disputes over quality of reports are common. Failing to pay defense counsel is another matter. Please support your accusations.

We have now spoken with the law firms that have represented PTQ over the past five years, and can find no disputes or variances from their Letters of Engagement. Please provide (1) Firm names. (2) Jurisdictions. (3) Case Numbers. This is a very serious matter, and we need to know what you have as evidence they have breached Letters of Engagement.

"Same has happened to other of there service providers in the past."
Whom? What? When? Where?

I assure you large investors want to get to the bottom of this immediately. Certainly, before any meetings are held in Zurich tomorrow.

Contingencies in Q3 MD&A make no reference to any of these legal disputes you refer to in your accusations. And list no cases that will have a material effect on operations.

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