H.Thomas Moran II, Receiver

Receiver of Lifetime Capital, Inc.

February 17 2006

386

The Examiner has submitted an application for payment of fees in the

amount of $3,597.50. These fees concern the period of January, 2006.

During this period, the Examiner consulted with the Receiver and/or

counsel for the Receiver on a number of occasions; communicated with

investors via telephone, letter and e-mail; reviewed correspondence,

documents and pleadings related to the subject case; and consulted with

the Court and attended hearings in Dayton regarding various matters.