H.Thomas Moran II, Receiver

Receiver of Lifetime Capital, Inc.

October 20 2004


Trial Rescheduled:

Many investors have asked about the criminal trial that was scheduled to begin September 13, 2004, but was postponed due to hurricane damage to the Pensacola Florida area. The trial, in the case of the United States of America vs. David W. Svete, et al, Case No 3:04-CR-0010-MCR, has been rescheduled to begin on January 5, 2005, in the courtroom of the Honorable M. Casey Rodgers at 8:30 am. The U.S. Courthouse is located at One Palafox Street, Pensacola, FL 32501. Judge Rodgers has entered an Order directing that the criminal trial will be completed by February 25, 2005 due to the Judge’s trial schedule.