Irving H. Picard v. Saul B. Katz et al

Filing 170

DECLARATION of Regina Griffin Completed With Exhibits 31 to 45 in Support re: 162 FIFTH MOTION in Limine To Deem Statements By Sterling Stamos Employees In The Course Of And In Connection With Their Employment By Sterling Stamos As Admissions of The Sterling Defendants.. Document filed by Irving H. Picard. (Attachments: # 1 Exhibit 31, # 2 Exhibit 32, # 3 Exhibit 33, # 4 Exhibit 34, # 5 Exhibit 35, # 6 Exhibit 36, # 7 Exhibit 37, # 8 Exhibit 38, # 9 Exhibit 39, # 10 Exhibit 40, # 11 Exhibit 41, # 12 Exhibit 42, # 13 Exhibit 43, # 14 Exhibit 44, # 15 Exhibit 45)(Sheehan, David)

Exhibit 31

From:
Sent:
To:
Subject:

Basil Stamos
Friday, December 19, 2008 11:57:54 AM
billhousworth©gmail.com

Hi Bill,

FYI, John Tucker is putting together a MOU for AHC and NHCC on the biodiesel front. You'll be getting
that soon. Basically, it says that AHC owns the assets recovered from Biodiesel Cambodia and that
NHCC will manage the project and deliver the biodiesel to AHC at cost plus a management fee. The
plantation owners just informed me that they are doing their best to harvest the Jatropha nonetheless and
Will sell it to us (the new management team) at cost.
All good news.
From AHC's perspective, it's quite simple. Not another penny will come out of FWAB's budget for this
project other than purchasing the biodiesel at a reduced cost and that should start happening soon.
might be able to recover the losses after all!!
Merry Christmas,
Basil
P.S. I don't know ii you've been following the whole Madoff scandal on Wall Street, but its extremely
interesting from our perspective. My brother Peter knows all the cast of characters. Fortunately he's
stayed far away from it all and has instructed others to do the same for years. I was actually in the fund
in 2002 but Peter counseled me out of it. Missed by that much.

I
Exhibit: IZ'43
Wit:
Date: 1.

\Z

Leslie Rockwood CSR RP

CONFIDENTIAL

SSMTO1 195993

SSMSAAI 195993