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AUGUST 27 UPDATE Before we get into today’s update, I would like to introduce myself. My name is David Greenlea. I am the new manager of Phill-ex, which is now a part of our main company named Pan Global Commodities. Due to numerous death threats and other factors, the management team has decided to close this investment and payout the investors. Dan has been solid in his opinion that only a small group of investors are causing problems, but we see this dangerous behavior as detrimental to our company and to the safety of our staff. Refunds started yesterday afternoon. No correspondence will be entered into about this. Emailing us 20 times will just be a waste of your time. Just wait your turn to be paid. The payout process is not immediate so it will take a few weeks for all to be paid. Do not call Dan repeatedly regarding your payout because he is not in charge of that area now. He will be returning to Australia this week to setup an office to handle our sales and exports to Australia and New Zealand. Some of you will be invited to stay with us but we will be removing all internet presence regarding this investment to protect all involved and those that do stay with us will have to provide full contactable details and information just as we have had to do. Payments will be accepted and also made via bank wire along with the e-currencies that were accepted in the past. If you do wish to stay with us, then send an email to us with the subject “Stay with Phill-ex” and we will consider each application and then request information from you to stay with us. The “wild west” days regarding this investment are gone. No more threats will be tolerated. Our lawyers will deal with any issues that arise in this area. Regards David Greenlea Pan Global Commodities www.phill-ex.com |