Lifetime Receiver H. Thomas Moran II, Receiver of LifeTime Capital, Inc.

28Jun/06Off

Motion for Approval to Reimburse Post-Receivership Premium Payments Paid by Certain Investors

20Jun/06Off

Premium Billing Discontinued

The Receiver has discontinued the billing of premiums. If we received your check after June 19, 2006 it will be returned to you in a timely matter.

Filed under: News Comments Off
20Jun/06Off

Investors: The sale of the portfolio has essentially closed. The purchase documents have been signed by the Receiver and Silverpoint and the money was wired to the Receiver's account on Monday 6/19.

I don't know at this time what this will do to the Tonti appeal. I suspect it is moot but I'll update you as I have further information.

Andrew Storar, Examiner

20Jun/06Off

Investors who have not completed claim forms.

It is imperative that you return completed claim forms to the Receiver. All investors must submit a claim form prior to distribution of funds by the Receiver.

Filed under: News Comments Off
19Jun/06Off

Sale of Portfolio is finalized.

The sale of LifeTime Capital's insurance portfolio has been finalized, net sale proceeds of $21,012,570.43, have been received from SCPC Group, LLC (a/k/a Silverpoint).

Filed under: News Comments Off
2Jun/06Off

The Court has ordered that the Receiver sell the portfolio to Silverpoint pursuant to it's last bid. More details will follow soon.
Andrew Storar, Examiner