H.Thomas Moran II, Receiver

Receiver of Lifetime Capital, Inc.

August 20 2007

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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.