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Per Hahne

10/14/10 12:57 PM

#27 RE: SouthSea #26

SS, I made a claim against Prospero Group, Cavitation Concepts and their principal Hubert L. Pinder due to the fact he announced on the Prospero website that they had purchased an IP of mine for a value of $5M US. This was not true. It was apparently done in preparation for an upcoming shareholders meeting, to entice investors. Pinder refused to acknowledge my solicitors repeated attempts at amelioration which led to the Claim and subsequent Judgment by default. Similar to their not acknowledging the SEC requests. According to a source close to Pinder he did not want his 1500, or so, investors in Europe to be made aware. Same source tried to buy me off with $500K in uncut emeralds. I simply notified the SEC of the false statements made re the purchase of my IP. They, in turn made their own investigation and found several other infractions. I trust this will provide a better understanding.