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Von: Ron Dunson
An: Dr. Robert Kampmann
Cc: GOM <gmilward@crccnet.net>, Robert Burgess <rburgess@crccnet.net>, Greg Thorpe Esq. <gthorpe@gthorpelaw.com>
Betreff: RE: CRCC Capital Investment/ Complaint
Datum: Tue, 13 Sep 2011 22:24:11 +0200
Dear Robert,
If you recall, Napoleon Greer of Napoleon Greer Enterprises in New York needed a 100M POF that SSM forwarded to me immediately upon request for a project in Florida that was supposedly according to Napoleon Greer was going to be a Cargo Hub that would serve the high speed rail system tied to the Berkshire Hathaway Rail System Network in the US. He approached us for a 100M POF but could not evidence that he had funds in place to follow through on the project business plan thus placing our POF at risk the way the deal was structured. We did not release the POF as it would have been used as a collateral commitment to the project and he could not confirm to have backup funds in place for the project,
During this time SSM had agreed to assist the Chamber in our project funding efforts by delivering collateral assets to our own account to enable the Chamber to establish a credit line, or the asset monetized to be place in a project funding contract on SSM platform. During this time Napoleon Greer indicated that he knew Jamie Diamond personally and could assist the Chamber in setting up an account to receive the instruments and could also arrange for them to be monitized. In order to include project funding for some his projects, he would fund setting up the company, CRCC Capital Investment LLC, and agreed to be reimbursed upon monetization of the collateral delivered to the JP Morgan and Citibank accounts by SSM. In fact this was to be the account through which we were to provide the POF at a lesser cost. However, the account not setup at this time SSM forwarded the POF to the Chamber directly to discuss terms and conditions of its use with Napoleon Greer. No evidence could be provided that funding was in place for the project following the POF.
As you know nothing happened, and weeks turned into months and we fell behind in our commitments to the DRC as we had relied on his representations to be able to provide the accounts and monetization of the instruments to be delivered to the accounts by you/SSM. After our last meeting in Norwalk, CT where he brought his New York team of some 4 individuals to our temporary offices, he confirmed at this meeting in which George Milward was in attendance the accounts would be setup the following day in the bank and he would contact me with names and contact people that work with me at the bank to open the accounts. This did not happen. I never received the call, nor could I get the names of the people to call to follow up on my own to get the process moving. The company, CRCC Capital Investment, LLC went dormant waiting to be capitalized through an independent or alternative transaction, which has not taken place todate.
He has now apparently filed a complaint for $75,000 for our non performance of providing the 200M.
Respectfully, Ron Dunson, Chairman: Capitol Region Chamber of Commerce Senior Corporate Advisor: The Andice Group Partner: Safe Solution Management AG Offices: (860) 286-8100 Ext 9 Direct Dial: (202) 239-1065 Cell: (860) 268-7227
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Von: Ron Dunson
An: Dr. Robert Kampmann
Cc: GOM <gmilward@crccnet.net>, Robert Burgess <rburgess@crccnet.net>, Greg Thorpe Esq. <gthorpe@gthorpela w.com>
Betreff: RE: CRCC Capital Investment/ Complaint
Datum: Tue, 13 Sep 2011 22:24:11 +0200
Dear Robert,
If you recall, Napoleon Greer of Napoleon Greer Enterprises in New York needed a 100M POF that SSM forwarded to me immediately upon request for a project in Florida that was supposedly according to Napoleon Greer was going to be a Cargo Hub that would serve the high speed rail system tied to the Berkshire Hathaway Rail System Network in the US. He approached us for a 100M POF but could not evidence that he had funds in place to follow through on the project business plan thus placing our POF at risk the way the deal was structured. We did not release the POF as it would have been used as a collateral commitment to the project and he could not confirm to have backup funds in place for the project,
During this time SSM had agreed to assist the Chamber in our project funding efforts by delivering collateral assets to our own account to enable the Chamber to establish a credit line, or the asset monetized to be place in a project funding contract on SSM platform. During this time Napoleon Greer indicated that he knew Jamie Diamond personally and could assist the Chamber in setting up an account to receive the instruments and could also arrange for them to be monitized. In order to include project funding for some his projects, he would fund setting up the company, CRCC Capital Investment LLC, and agreed to be reimbursed upon monetization of the collateral delivered to the JP Morgan and Citibank accounts by SSM. In fact this was to be the account through which we were to provide the POF at a lesser cost. However, the account not setup at this time SSM forwarded the POF to the Chamber directly to discuss terms and conditions of its use with Napoleon Greer. No evidence could be provided that funding was in place for the project following the POF.
As you know nothing happened, and weeks turned into months and we fell behind in our commitments to the DRC as we had relied on his representations to be able to provide the accounts and monetization of the instruments to be delivered to the accounts by you/SSM. After our last meeting in Norwalk, CT where he brought his New York team of some 4 individuals to our temporary offices, he confirmed at this meeting in which George Milward was in attendance the accounts would be setup the following day in the bank and he would contact me with names and contact people that work with me at the bank to open the accounts. This did not happen. I never received the call, nor could I get the names of the people to call to follow up on my own to get the process moving. The company, CRCC Capital Investment, LLC went dormant waiting to be capitalized through an independent or alternative transaction, which has not taken place todate.
He has now apparently filed a complaint for $75,000 for our non performance of providing the 200M.
Respectfully, Ron Dunson, Chairman: Capitol Region Chamber of Commerce Senior Corporate Advisor: The Andice Group Partner: Safe Solution Management AG Offices: (860) 286-8100 Ext 9 Direct Dial: (202) 239-1065 Cell: (860) 268-7227
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