H.Thomas Moran II, Receiver

Receiver of Lifetime Capital, Inc.

August 05 2005

394

Investors: Some potentially good news. I’ve been in discussions with a company that specializes in assisting victims of investment fraud obtain tax refunds. Our preliminary agreement is that they will do this on a contingent fee basis, that is, they only receive a fee if you get a refund. That fee will likely be 25% of the refund.

In the coming weeks you will receive a letter with contact information and a toll free number that is being set up just for LifeTime investors.

It is up to you if you want to contact them. At this point I am not providing them with information as to how to contact you so if you want to take advantage of this opportunity it is solely up to you.

They may not be able to help all of you. IRA’s are generally outside the scope of their services.

In case you are wondering, I am not getting anything out of this other than my expenses for the mailing.

If you want additional information before you receive the letter, contact me.

Andrew Storar, Examiner