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

20Aug/07Off

The Receiver has filed his eighth motion to allow claims. This motion includes the claims of about eighty investors.

The Receiver'­s staff continues to make progress in winding down the claims process. There are now fewer than 100 investors that the Receiver is unable to locate.

If you are an investor that has not submitted a claim form it is urgent that you do so immediately. Investors that have not submitted claims will soon be notified that their rights to distribution funds may be affected. It'­s not too late to submit a claim.

If you have not yet filed a claim, and have questions or concerns about how to complete the forms, or the forms seem confusing or complicated, please contact Patty at the Receiver'­s office at 405-607-2722. She is happy to assist you in any way that she can.

If you have filed a claim and have not received an initial partial distribution payment, contact our office immediately.

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6Aug/07Off

A brief hearing was held before the Court on Tuesday, July 31, for the purpose of hearing any objections to the settlement of the lawsuit the Receiver filed against Howard F. Wunderlich, M.D., Isaac Corney, M.D., and Rani Whitfield, M.D., three doctors who had provided to Medical Underwriting a number of life expectancy estimates. The Receiver and these three Defendants had arrived at a tentative settlement which was approved by the Court preliminarily in April. Notices of the settlement and the hearing were sent to investors in June. At the July 31 hearing, the court heard the stipulations of the Receiver and the Defendants, and heard from one person who voiced an objection to the settlement. At the conclusion of the hearing, the Court took the settlement under advisement and will soon issue a decision on whether the settlement is approved.

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