For the benefit of Haggerty
Jan-3-03 12:27 |
Mr. Robert C. DeMaio,
Good afternoon Bob, my name is
John P. Haggerty.
I'm sure my name doesn't ring any bells for
you, but if you would look through your
past actions files, you
should find that we have a business contract that hasn't been
fulfilled accordingly.
I have in my possession, a generic
loan agreement that was signed by me Feb. 12, 2002
and signed by
you Feb. 15, 2002.
The loan was to be used by you for the buyout
of LowestBids.com Inc.
The terms of the loan agreement was
that it would be paid back to me six months from the date
of the
loan, which would have been August 15, 2002. The signed agreement
also states that it would be paid in full plus 10% interest.
Mr. DeMaio, The contract says that if the buyout was
successful, that I would be paid back within 30 days of the said
purchase. It also states that I would have the option to convert any
or all of the loan into shares of the new company, at 5 cents a
share.
The loan agreement states that this loan is
personally guaranteed by any and all assets of Robert DeMaio.
Agreed and accepted, signed and dated by both you and
myself.
Mr. DeMaio, I first want to tell you that I am a
honest, God fearing, Christian man, and in no way
want to lead
you to think I am calling anyone in your corporation a crook.
However, it seems to appear that myself and no doubt many others
in the big get rich scheme that was proposed to us by yourself and
your business companions, have been left out in the cold while you
still have not fulfilled your legal obligation to us.
Well
Mr. DeMaio, it is now December 21, 2002, and I have yet to hear
anything from you or your business accomplices, and now I wish to
ask you for an honest answer that can make me feel good about this
Christmas season.
Mr. DeMaio, I'd like you to know that I am
currently a member of the U.S. Armed Forces, Army National Guard,
and I wait each day knowing that soon I will be called to leave my
family and go over seas to fight against someone who they tell me is
my enemy.
Will you personally explain to me why I have been
forgotten about in the big rush of getting rich?
I wait each day
for my call to go over seas to fight against the enemy over there,
when I find my real enemy is here in the states.
Maybe to people
such as yourself the amount of money I've loaned in good faith to
you isn't much. But to people like myself, it is part of a life
savings account that won't be replaced unless you come clean with
your intentions stated in the signed loan agreement.
Mr.
DeMaio, I am a fair and honest man and want to give you the benefit
of the doubt.
So what I am going to do, is send you a copy of
this letter to you and a copy of the signed loan agreement by both
you and myself by a FAX.
This way in the possible cause that you
may have lost your copy, you will now have a copy of our signed
agreement.
Mr. DeMaio, I hope you can receive this with an
open mind on my part.
As a member of the military who is
spending Christmas knowing that in a few short weeks I may be called
away from my loved ones, it would be a real Christmas blessing
knowing that this loose end has been tied up and secured.
Sincerely,
John P. Haggerty
Fisrt Sergeant, US ARMY
National Guard |
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