Alertpay Issues - Proxima Titan Funds

Dear Friends,

One of the payment processors which Proxima Titan Funds accepts, Alertpay
has recently restricted our Alertpay's account access on 24th March 2010.
We had opened a ticket immediately on 12:30 pm 24th March 2010 (as per
Alertpay's office time) and ticket was answered next day, 25th March 2010
at 5 pm.

We expect the issue to be resolved no earlier than Wednesday 2010.
Alertpay funds invested by clients of the Proxima Titan Funds are now held
in restricted account and in control of Alertpay.

However, as always Proxima Titan Funds has been considerate with its
clients, we have worked out following alternatives -

a) Clients who had invested via Alertpay can withdraw their daily profits
via Perfect Money and Liberty Reserve today onwards. Since we will be
using company's fund to pay off your withdrawal requests during this
period, and therefore the AP to PM exchange fees will be directly born.
All withdrawals via PM will carry 5% fees and all withdrawals via Liberty
Reserve will carry 10% fees. I would like to clarify that this fees is
only applicable on all Alertpay withdrawals carried out via PM or LR.

OR

b) Clients can wait for the issue to be resolved and subsequently request
for withdrawal via Alertpay. We expect this to happen by Wednesday.


If the clients opt for option b, they shouldn't request for withdrawal at
this moment, but wait for our email on Wednesday.

I apologize for any inconvenience caused and hope you all will support us
during the period of minor hick-up.

Please do not hesitate to contact us if you have any further questions or
comments. Thank you for your continued trust with Proxima Titan Funds.

Best Regards,
Shelly Adams,
Finance Department,
Proxima Titan Funds