Richard Arline Jr.
Richard Arline Jr.
Richard Arline Jr.
20 MJ 629
81,7('67$7(6',675,&7&2857
($67(51',675,&72)1(:<25.
; TO BE FILED UNDER SEAL
81,7('67$7(62)$0(5,&$
$)),'$9,7,16833257
2)$55(67:$55$17
DJDLQVW
86&EEDQG
5,&+$5'$5/,1(-5 HWVHT
'HIHQGDQW
;
($67(51',675,&72)1(:<25.66
6</9(77(5(<1262EHLQJGXO\VZRUQGHSRVHVDQGVWDWHVWKDWVKHLVD
6SHFLDO$JHQWZLWKWKH8QLWHG6WDWHV'HSDUWPHQWRI+RPHODQG6HFXULW\+RPHODQG6HFXULW\
,QYHVWLJDWLRQVGXO\DSSRLQWHGDFFRUGLQJWRODZDQGDFWLQJDVVXFK
2QRUDERXWDQGEHWZHHQ-DQXDU\DQG-XQHERWKGDWHVEHLQJ
DSSUR[LPDWHDQGLQFOXVLYHZLWKLQWKH(DVWHUQ'LVWULFWRI1HZ<RUNDQGHOVHZKHUHWKH
GHIHQGDQW5,&+$5'$5/,1(-5WRJHWKHUZLWKRWKHUVGLGNQRZLQJO\DQGLQWHQWLRQDOO\
DWWHPSWWRFRUUXSWO\SHUVXDGHDQRWKHUSHUVRQWRZLW-DQH'RHDQLQGLYLGXDOZKRVHLGHQWLW\
LVNQRZQWRWKH$IILDQWDQGHQJDJHLQPLVOHDGLQJFRQGXFWWRZDUG-DQH'RHZLWKLQWHQWWR
LQIOXHQFHGHOD\DQGSUHYHQWWKHWHVWLPRQ\RI-DQH'RHLQDQRIILFLDOSURFHHGLQJWRZLW
8QLWHG6WDWHVY5REHUW6\OYHVWHU.HOO\&ULPLQDO'RFNHW1R$0'
7LWOH8QLWHG6WDWHV&RGH6HFWLRQVEDQGHWVHT
2QRUDERXWDQGEHWZHHQ-DQXDU\DQG-XQHERWKGDWHVEHLQJ
DSSUR[LPDWHDQGLQFOXVLYHZLWKLQWKH(DVWHUQ'LVWULFWRI1HZ<RUNDQGHOVHZKHUHWKH
GHIHQGDQW5,&+$5'$5/,1(-5WRJHWKHUZLWKRWKHUVGLGNQRZLQJO\LQWHQWLRQDOO\DQG
FRUUXSWO\RIIHUDWKLQJRIYDOXHWR-DQH'RHDQLQGLYLGXDOZKRVHLGHQWLW\LVNQRZQWRWKH
$IILDQWZLWKLQWHQWWRLQIOXHQFHWKHWHVWLPRQ\XQGHURDWKDQGDIILUPDWLRQRI-DQH'RHDVD
ZLWQHVVXSRQDWULDOKHDULQJDQGRWKHUSURFHHGLQJEHIRUHDFRXUWDXWKRUL]HGE\WKHODZVRI
WKH8QLWHG6WDWHVWRKHDUHYLGHQFHDQGWDNHWHVWLPRQ\WRZLWWKH8QLWHG6WDWHV'LVWULFW&RXUW
IRUWKH(DVWHUQ'LVWULFWRI1HZ<RUNDQGZLWKLQWHQWWRLQIOXHQFH-DQH'RHWRDEVHQWKHUVHOI
WKHUHIURP
7LWOH8QLWHG6WDWHV&RGH6HFWLRQVEDQGHWVHT
7KHVRXUFHRI\RXUGHSRQHQW¶VLQIRUPDWLRQDQGWKHJURXQGVIRUKHUEHOLHIDUH
DVIROORZV
,DPD6SHFLDO$JHQWZLWKWKH8QLWHG6WDWHV'HSDUWPHQWRI+RPHODQG
FXUUHQWO\DVVLJQHGWR+6,¶V1HZ<RUN)LHOG2IILFHDQGPRUHVSHFLILFDOO\WRDVTXDGWKDW
LQYHVWLJDWHVKXPDQWUDIILFNLQJDQGDOLHQVPXJJOLQJPDWWHUV 3UHYLRXVO\,ZDVDVVLJQHGWR
QDUFRWLFVDQGFRXQWHUSUROLIHUDWLRQVTXDGV ,DPUHVSRQVLEOHIRUFRQGXFWLQJDQGDVVLVWLQJLQ
LQYHVWLJDWLRQVLQWRWKHDFWLYLWLHVRILQGLYLGXDOVDQGFULPLQDOJURXSVUHVSRQVLEOHIRUVH[DQG
KXPDQWUDIILFNLQJDQGUHODWHGRIIHQVHV ,QWKDWFDSDFLW\,KDYHSDUWLFLSDWHGLQLQYHVWLJDWLRQV
LQYROYLQJWKHGHEULHILQJRIVH[WUDIILFNLQJDQGVH[DEXVHYLFWLPVUHYLHZRIWHOHSKRQH
UHFRUGVFHOOVLWHORFDWLRQDQG*36GDWDUHYLHZRIPRQH\WUDQVIHUUHFRUGVVXUYHLOODQFH
DQDO\VLVRISHQUHJLVWHULQIRUPDWLRQDQGWKHH[HFXWLRQRIVHDUFKZDUUDQWVLQFOXGLQJWKH
H[HFXWLRQRIVHDUFKZDUUDQWVRQFRPSXWHUVDQGRWKHUHOHFWURQLFPHGLD $VDUHVXOWRIP\
%HFDXVHWKHSXUSRVHRIWKLV&RPSODLQWLVWRVHWIRUWKRQO\WKRVHIDFWVQHFHVVDU\
WRHVWDEOLVKSUREDEOHFDXVHWRDUUHVW,KDYHQRWGHVFULEHGDOOWKHUHOHYDQWIDFWVDQG
FLUFXPVWDQFHVRIZKLFK,DPDZDUH
WUDLQLQJDQGH[SHULHQFH,DPIDPLOLDUZLWKWKHWHFKQLTXHVDQGPHWKRGVRIRSHUDWLRQXVHGE\
LQGLYLGXDOVLQYROYHGLQFULPLQDODFWLYLW\WRFRQFHDOWKHLUDFWLYLWLHVIURPGHWHFWLRQE\ODZ
HQIRUFHPHQWDXWKRULWLHV
7KH86$WWRUQH\¶V2IILFHIRUWKH(DVWHUQ'LVWULFWRI1HZ<RUNDQG
WKH'HSDUWPHQWRI+RPHODQG6HFXULW\+RPHODQG6HFXULW\,QYHVWLJDWLRQV1HZ<RUN)LHOG
2IILFHDUHLQYHVWLJDWLQJ5REHUW6\OYHVWHU.HOO\DOVRNQRZQDV³5.HOO\´DQGRWKHUVIRU
WKHLUSDUWLFLSDWLRQLQDUDFNHWHHULQJHQWHUSULVHLQYROYLQJEULEHU\H[WRUWLRQWKHSURGXFWLRQRI
FKLOGSRUQRJUDSK\WUDQVSRUWDWLRQRIZRPHQDQGJLUOVDFURVVVWDWHOLQHVWRHQJDJHLQLOOHJDO
VH[XDODFWLYLW\LQFOXGLQJVH[XDOFRQWDFWZLWKLQGLYLGXDOVZKRZHUHWRR\RXQJWRFRQVHQWWR
VXFKDFWLYLW\XQGHUVWDWHODZDQGIDLOXUHWRQRWLI\VH[XDOSDUWQHUVRIDVH[XDOO\WUDQVPLWWHG
GLVHDVHSULRUWRHQJDJLQJLQVH[XDOLQWHUFRXUVHLQYLRODWLRQRIVWDWHODZDQGUHODWHG
VXEVWDQWLYHRIIHQVHVDQGIRUDUUDQJLQJIRUWUDYHOLQLQWHUVWDWHFRPPHUFHZLWKLQWHQWWR
SURPRWHPDQDJHHVWDEOLVKDQGFDUU\RQDQH[WRUWLRQLQYLRODWLRQRIVWDWHODZ
2Q-XQHDJUDQGMXU\LQWKH(DVWHUQ'LVWULFWRI1HZ<RUN
UHWXUQHGDQLQGLFWPHQWFKDUJLQJ.HOO\ZLWKUDFNHWHHULQJLQYROYLQJSUHGLFDWHUDFNHWHHULQJ
DFWVDVWRILYHGLIIHUHQWZRPHQDQGIRXU0DQQ$FWYLRODWLRQV 6HH8QLWHG6WDWHVY5REHUW
JUDQGMXU\UHWXUQHGDVXSHUVHGLQJLQGLFWPHQWZKLFKDGGHGDIRUIHLWXUHDOOHJDWLRQ 2Q
'HFHPEHUWKHJUDQGMXU\UHWXUQHGDVHFRQGVXSHUVHGLQJLQGLFWPHQWDGGLQJDQ
DGGLWLRQDOSUHGLFDWHDFWRIEULEHU\ 2Q0DUFKWKHJUDQGMXU\UHWXUQHGDWKLUG
LQWKH,QGLFWPHQWZHUHRIIHQVHVWKDWFDUULHGDWHQ\HDUPDQGDWRU\PLQLPXPVHQWHQFHEDVHG
RQ.HOO\¶VVH[XDOUHODWLRQVKLSZLWK-DQH'RHDQLQGLYLGXDOZKRVHLGHQWLW\LVNQRZQWRWKH
$IILDQWZKHQVKHZDVMXVW\HDUVROG
$UHYLHZRIWHOHSKRQHUHFRUGVIRUDFHOOXODUWHOHSKRQHQXPEHUXVHGE\
WKHGHIHQGDQW$5/,1(-5ZLWKDDUHDFRGHDQGHQGLQJLQ KHUHLQDIWHUWKH
³$5/,1(7(/(3+21(´VKRZVWKDW$5/,1(-5FRPPXQLFDWHGZLWKWZR
WHOHSKRQHVXVHGE\.HOO\SULRUWR.HOO\¶VIHGHUDODUUHVWDQGLQFDUFHUDWLRQLQ-XO\ 7KH
UHFRUGVDOVRVKRZWKDWWKHGHIHQGDQW$5/,1(-5ZDVLQWHOHSKRQHFRQWDFWZLWKWHOHSKRQHV
EHOLHYHGWREHXVHGE\WKHLQGLYLGXDOVLGHQWLILHGKHUHLQDV,,,DQG,ZKRVH
LGHQWLWLHVDUHNQRZQWRWKH$IILDQW 7HOHSKRQHUHFRUGVDOVRVKRZWKDW,ZDVLQFRQWDFW
ZLWKWHOHSKRQHVXVHGE\.HOO\SULRUWRKLVIHGHUDODUUHVWDQGLQFDUFHUDWLRQLQ-XO\ 7KH
UHFRUGVDOVRVKRZWKDW$5/,1(-5ZDVLQWHOHSKRQHFRQWDFWZLWKRWKHUWHOHSKRQHQXPEHUV
WKDWDOVRZHUHLQWHOHSKRQHFRQWDFWZLWK.HOO\SULRUWRKLVIHGHUDODUUHVWDQGLQFDUFHUDWLRQLQ
-XO\ 7KHDYDLODEOHUHFRUGVGRQRWVKRZDQ\WHOHSKRQHFRQWDFWEHWZHHQ$5/,1(-5
DQGDQ\WHOHSKRQHVNQRZQRUEHOLHYHGWREHXVHGE\WKHLQGLYLGXDOLGHQWLILHGKHUHLQDV,
ZKRVHLGHQWLW\LVNQRZQWRWKH$IILDQWEXWWKHDYDLODEOHUHFRUGVGRQRWUHIOHFWL0HVVDJHVRU
)DFH7LPHWHOHSKRQHFDOOV
2Q-DQXDU\-DQH'RHEHJDQFRRSHUDWLQJZLWKIHGHUDOODZ
HQIRUFHPHQW 6HYHUDOQHZVRXWOHWVUHSRUWHGWKDW-DQH'RHZDVFRRSHUDWLQJZLWKIHGHUDOODZ
HQIRUFHPHQW
,QIRUPDWLRQSURYLGHGE\-DQH'RHKDVEHHQFRUURERUDWHGE\RWKHUHYLGHQFH
LQFOXGLQJLQIRUPDWLRQREWDLQHGIURPRWKHUZLWQHVVHVHYLGHQFHVHL]HGIURPHOHFWURQLF
GHYLFHVGRFXPHQWDU\HYLGHQFHWHOHSKRQHUHFRUGVWH[WPHVVDJHVDQGFRQVHQVXDOUHFRUGLQJV
-DQH'RHKDVHQJDJHGWKHVHUYLFHVRIDODZ\HUDQGPD\VHHNFLYLOUHPHGLHVDJDLQVW.HOO\LQ
WKHIXWXUH 3ULRUWRKHUFRRSHUDWLRQZLWKIHGHUDOODZHQIRUFHPHQWZKLOHVWLOOHQJDJHGLQD
2Q-DQXDU\DWDPDQLQGLYLGXDOXVLQJWKH,QVWDJUDP
,QVWDJUDP$FFRXQW´VHQW-DQH'RHDSULYDWHPHVVDJHWRKHU,QVWDJUDPDFFRXQWWKDWUHDG³8
UHYLHZRISXEOLFO\DFFHVVLEOHFRQWHQWRQWKH+RRG5LFK,QVWDJUDP$FFRXQWLQFOXGLQJWKDW
DSSDUHQW³VHOILH´LPDJHVSRVWHGRQWKHDFFRXQWUHVHPEOHDSKRWRJUDSKRI$5/,1(-5WKHUH
LVSUREDEOHFDXVHWREHOLHYHWKDWWKLVDFFRXQWEHORQJVWRWKHGHIHQGDQW5,&+$5'$5/,1(
-5
2QRUDERXW0D\,ZKRKDGEHHQLQFRPPXQLFDWLRQZLWK
-DQH'RHH[FKDQJHGWKHIROORZLQJVHULHVRIWH[WPHVVDJHVYLDL0HVVDJHZLWK-DQH'RH
, «LKDYHVRPHWKLQJWRWHOO\RX
, URELVWU\LQJWRJHWKLVFRXVLQULFKLQFRQWDFWZLWK\RXEHFDXVHKH
ZDQWVWRSD\\RXIRUVLOHQFH ULFKFDOOHGPHDQGLVDLG>ILUVW
QDPHRI-DQH'RH@LVGRQHZLWKUREDQGVKHGRQ¶WZDQWVK
WIURP
KLPDQGZRQ¶WVLJQKHUQDPHDZD\WRWKHGHYLO
)ROORZLQJKHUUHFHLSWRIWKHDERYHWH[WPHVVDJHV-DQH'RHDGYLVHGD
IHGHUDOODZHQIRUFHPHQWDJHQWLQYROYHGLQWKHLQYHVWLJDWLRQRIKHUUHFHLSWRIWKHWH[W
PHVVDJHV $WWKHGLUHFWLRQRIIHGHUDOODZHQIRUFHPHQW-DQH'RHWKHUHDIWHUFRQWLQXHGWR
FRPPXQLFDWHZLWK,UHJDUGLQJWKHVXEMHFWPDWWHURI³FRXVLQULFK´DQGSD\PHQWE\³URE´
YLDWH[WPHVVDJHXVLQJL0HVVDJH
-DQH'RH «,¶PMXVWFXULRXVDVWRKRZPXFK5RELVWU\LQJWRJLYHPH
-DQH'RH :KHQGLGKHFDOO\RX" &DXVHKHWH[WHGPHLQ-DQXDU\DIWHU
UHODWLRQVKLSZLWK.HOO\LQD0DUFKWHOHYLVLRQLQWHUYLHZIROORZLQJ.HOO\¶VDUUHVWRQ
YDULRXVVH[XDOPLVFRQGXFWFKDUJHVLQYROYLQJXQGHUDJHJLUOVEURXJKWE\WKH&RRN&RXQW\
6WDWH¶V$WWRUQH\¶V2IILFH-DQH'RHSXEOLFO\FODLPHGWKDWVKHGLGQRWKDYHVH[ZLWK.HOO\
ZKHQVKHZDV\HDUVROG -DQH'RHKDVDGYLVHGWKDWVXFKVWDWHPHQWVZHUHIDOVHDQGPDGH
SXEOLFO\DW.HOO\¶VGLUHFWLRQ
HYHU\WKLQJLQ&KLFDJR
, KL\DLMXVWFDOOHGULFKDQGKHZDQWVWRGRDWKUHHZD\FDOOZLWKXV
"&DQ\RXGRWKDWULJKWQRZ"
-DQH'RH 'DQJ,DFWXDOO\KDYHDIXOOVFKHGXOHWRGD\%XWZHFDQGRLWODWHU"
,DOUHDG\ZRNHXSPDGODWH
, ULFKWDONWRURERQWKHUHJXODUDQGWKHRQO\UHDVRQZK\LNQRZULFK
LVWHOOLQJWKHWUXWKEHFDXVHUREWROGKLPWRJHWLQWRXFKZLWKEHDU
DQGULFKDVNHGPHZKRZDVEHDUDQG,VDLG\RX
%DVHGRQP\SDUWLFLSDWLRQLQWKLVLQYHVWLJDWLRQWKHUHLVSUREDEOHFDXVHWREHOLHYHWKDWWKH
³URE´LQWKHDERYHWH[WPHVVDJHVLVDUHIHUHQFHWR.HOO\
2QWKHHYHQLQJRI0D\DWWKHGLUHFWLRQRIODZHQIRUFHPHQW
-DQH'RHFDOOHG,DQG,WKHUHDIWHUFDOOHGWKHLQGLYLGXDO,UHIHUUHGWRDV.HOO\¶V³FRXVLQ
ULFK´ZKRWKHUHLVSUREDEOHFDXVHWREHOLHYHLVWKHGHIHQGDQW5,&+$5'$5/,1(-5DQG
FRQIHUHQFHGWKHWHOHSKRQHFDOOVVRWKDW-DQH'RH,DQG$5/,1(-5ZHUHLQDWKUHHZD\
WHOHSKRQHFDOO $UHYLHZRIWHOHSKRQHUHFRUGVIRUWKH$5/,1(7(/(3+21(DQGWKH
WHOHSKRQHXVHGE\,VKRZVWKDWWKH$5/,1(7(/(3+21(ZDVXVHGIRUWKHWKUHH
ZD\FDOOZLWK,-DQH'RHDQG$5/,1(-5 $IHZKRXUVODWHUDWWKHGLUHFWLRQRIODZ
HQIRUFHPHQW-DQH'RHSDUWLFLSDWHGLQDWHOHSKRQHFDOOZLWK$5/,1(-5RYHUWKH$5/,1(
7(/(3+21(DVHFRQGWLPH 7KHWHOHSKRQHFDOOVZHUHUHFRUGHGE\ODZHQIRUFHPHQW
ZLWKWKHFRQVHQWRI-DQH'RH
$ODZHQIRUFHPHQWDJHQWOLVWHQHGWRWKHWZRFDOOVGHVFULEHGLQWKH
DERYHSDUDJUDSKGXULQJWKHLUWUDQVPLVVLRQDQGODZHQIRUFHPHQWDJHQWVKDYHDOVRUHYLHZHG
WKHUHFRUGLQJVRIWKHFDOOV ,QWKHFDOOV$5/,1(-5DQG-DQH'RHUHSHDWHGO\UHIHUHQFHWKH
ILUVWQDPHRI, -DQH'RHKDVDGYLVHGWKDW,ZDVDFORVHDVVRFLDWHRI.HOO\ZKRKDG
DFFHVVWR.HOO\¶VIXQGVVLQFH.HOO\ZDVLQFDUFHUDWHGLQ-XO\DWDIHGHUDOGHWHQWLRQ
IDFLOLW\ /DZHQIRUFHPHQWDJHQWVKDYHIXUWKHUUHYLHZHGWHOHSKRQHFDOOVSODFHGE\.HOO\RU
DWWKHGLUHFWLRQRI.HOO\ZKLFKFDOOVDUHUHFRUGHGSXUVXDQWWRWKHIHGHUDO%XUHDXRI3ULVRQV¶
SROLF\WRUHFRUGDOOQRQOHJDOFDOOVSODFHGE\LQPDWHVDQGKDYHGHWHUPLQHGWKDW.HOO\
UHJXODUO\GLUHFWV,RURWKHUVWRGLUHFW,WRPDNHFHUWDLQGLVWULEXWLRQVRIPRQH\
,QVXEVWDQFHGXULQJWKHUHFRUGHGWKUHHZD\WHOHSKRQHFDOOGHVFULEHGLQ
SDUDJUDSKDERYH$5/,1(-5GLVFXVVHGDSURSRVDOLQZKLFK-DQH'RHZRXOGUHFHLYH
LQH[FKDQJHIRUQRWFRQWLQXLQJWRFRRSHUDWHZLWKWKHJRYHUQPHQWDJDLQVW.HOO\
)ROORZLQJLVDWUDQVFULSWRIWKDWSRUWLRQRIWKHWKUHHZD\FDOOGHVFULEHGLQSDUDJUDSK
$5/,1(-5 7KH\WKUHZRXWDQXPEHU
-DQH'RH 6RZKDW¶VWKHQXPEHUWKDWWKH\WKUHZRXW"
$5/,1(-5 ,WDONHGWR>ILUVWQDPHRI,@,WDONHGWR>ILUVWQDPHRI,@DQG
KHZDVNLQGDOLNH³+H\PDQXKZKDWGR\RXWKLQN\RXFDQ
GR"´ &DXVH,GRQ¶W,GRQ¶W,WKUHZRXWDQXPEHU,¶POLNH
,¶PWKLQNLQJDKXQGUHGWKRXVDQG" +HZDVOLNHKHZDVOLNH
PDQWKDW¶VVKHDLQ¶WJRQQDJRIRUWKDW
-DQH'RH 1HYHU
-DQH'RH ,ZRXOGQ¶WJRIRUDKDOIDPLOOLRQHLWKHU
$5/,1(-5 2K\HDK>8,@,PHDQXKZKDW\RXZKDW\RXWU\QDGR"
-DQH'RHWKHQWROG$5/,1(-5RYHUWKH$5/,1(7(/(3+21(WKDWVKHZRXOGQHHG
PLOOLRQDQGZDQWHG$5/,1(-5WRVHQGKHUDVPDOOVXPRIPRQH\ZLWKLQWKHQH[W
KRXUVDVDVLJQRIJRRGIDLWK
'XULQJRQHRIWKHFRQVHQVXDOO\UHFRUGHGWHOHSKRQHFDOOVGHVFULEHGLQ
SDUDJUDSK$5/,1(-5H[SODLQHGKRZKHKDGFRPPXQLFDWHGZLWK.HOO\ZKRZDV
LQFDUFHUDWHG
-DQH'RH ,MXVW,MXVWZDQWWRNQRZKRZDUH\RXKRZDUH\RXWDONLQJWR
5REFDXVH,PHDQDWOHDVWZKHQZHZHUHWDONLQJWRKLPKH
ZDVVD\LQJWKDWKLVFDOOVZHUHOLPLWHGDQGVWXIIOLNHWKDWVR
,¶PMXVWWU\QDILJXUHRXWOLNH±
$5/,1(-5 <HDKKHWDONKHWDONKHXKQRUPDOO\KHWDONVWR>ILUVWQDPHRI
,@ <RXNQRZ>ILUVWQDPHRI,@"
-DQH'RH <HDK>ILUVWQDPHRI,@\HDK
$5/,1(-5 7U\QDH[DFWO\UHPHPEHUKRZWKHKHOOGLGLWZRUNRXW
¶&DXVH,UHPHPEHUWKDWLWZDVDOLWWOHELWDIWHUKLVELUWKGD\RU
VRPHWKLQJ,KDGWDONHGWRKLP
-DQH'RH 5LJKW
DQGFDQ\RXNHHSWKLVEHWZHHQ\RXDQG>ILUVWQDPHRI,@"´
%XWKHDOZD\VQHYHUUHDOO\ZDQWHGWRPHQWLRQWKHQDPHVRYHU
WKHSKRQH
-DQH'RH 5LJKW
$5/,1(-5 6R,UHDOO\GLGQ¶WNQRZZKRWKHKHOO,UHDOO\GLGQ¶WNQRZZKR
%HDUZDVEHFDXVH>ILUVWQDPHRI,@WROGPH
%DVHGRQP\SDUWLFLSDWLRQLQWKHLQYHVWLJDWLRQWKHUHLVSUREDEOHFDXVHWREHOLHYHWKDWLQWKLV
WHOHSKRQHFDOO$5/,1(-5H[SODLQHGWKDW.HOO\DQG,PDLQWDLQHGFRQWDFWZLWKHDFKRWKHU
$5/,1(-5ZKLOH,DQG.HOO\ZHUHVSHDNLQJDQGWKH\GLVFXVVHG-DQH'RH³%HDU´LVD
QLFNQDPHXVHGE\.HOO\IRU-DQH'RH
$VVHWIRUWKEHORZGXULQJRQHRIWKHWHOHSKRQHFDOOVGHVFULEHGLQ
SDUDJUDSK$5/,1(-5DOVRPDGHFOHDUWR-DQH'RHZK\.HOO\ZRXOGSD\IRUKHUVLOHQFH
ZKLFKKHVWDWHGKHOHDUQHGIURP,DQGDQRWKHULQGLYLGXDOZKRVHLGHQWLW\LVNQRZQWRWKH
JRYHUQPHQW³,´
$5/,1(-5 6REXWOLNH,¶PVD\LQJ,GRQ¶WZDQWQRWKLQJ,WHOO\RXWRJR
SDVWZLWKPHDQG\RXFDXVH,VHH\RXGR\RXU<RX7XEH±
-DQH'RH >8,@
$5/,1(-5 ,VHH\RXGR\RXU<RX7XEHVKLWDQG,DLQ¶WWU\QDEHSDUWRI
WKDWW\SHRIVKLW ,MXVWZDQWWREHSDUWRI±
/DZHQIRUFHPHQWDJHQWVKDYHUHYLHZHGWKHWHOHSKRQHFDOOVEHWZHHQ.HOO\
XVLQJDUHFRUGHG%23WHOHSKRQHOLQHDQGDWHOHSKRQHQXPEHUXVHGE\,DQGKDYHQRW
LGHQWLILHGDQ\FDOOVZKHUH,FDOOHGDQRWKHULQGLYLGXDODQGFRQIHUHQFHGWKHOLQHV %DVHGRQ
P\WUDLQLQJDQGH[SHULHQFHKRZHYHU,DPDOVRDZDUHWKDWLQPDWHVDWIHGHUDOIDFLOLWLHVKDYH
EHHQNQRZQWRDFFHVVDQGXVHFRQWUDEDQGFHOOXODUWHOHSKRQHVWRFRPPXQLFDWHZLWKRWKHUV
ZLWKRXWEHLQJUHFRUGHG ,QDGGLWLRQ-DQH'RHKDVDGYLVHGWKDWSULRUWRKHUFRRSHUDWLRQ
ZLWKODZHQIRUFHPHQWVKHUHFHLYHGDWHOHSKRQHFDOOIURP.HOO\ZKLOHKHZDVLQFDUFHUDWHGRQ
DQRQUHFRUGHGOLQH $WWKHWLPH.HOO\H[SODLQHGWR-DQH'RHWKDWD%23VWDIIPHPEHUKDG
DOORZHG.HOO\WRPDNHWKHFDOOIURPDWHOHSKRQHLQD%23RIILFH
-DQH'RH :HOOLIWKLVLVWRJRWKURXJKOLNHQRQHRIWKDWZRXOGHYHQ
KDSSHQQRQHRIWKDWZRXOGHYHQPDWWHU 7KDWZRXOGEH
LUUHOHYDQW ,WZRXOGQ¶WHYHQKDSSHQDQ\PRUH ,MXVWQHHGWR
ILJXUHRXWOLNH,GRQ¶WHYHQKRZGR\RX ,¶PMXVWWU\QD
ILJXUHRXWKRZGR\RXHYHQNQRZWKDWWKLVLVVRPHWKLQJWKDW
5REHYHQZDQWVDQ\PRUH" 7KDW¶VDOO,¶PWU\QDVHHFDXVH
WKDWZDVLQ-DQXDU\
-DQH'RH >UHGDFWHG@
-DQH'RH 1R
-DQH'RH 6RXQGVYHU\IDPLOLDUDFWXDOO\
-DQH'RH <HDK
$5/,1(-5 ,GRQ¶W,GRQ¶WUHDOO\OLNH,VDLG,UHDOO\GRQ¶WNQRZZKDW\RX
JRWEXWWKH\DVNHGPHWRGRVRPHWKLQJRQ>8,@ ,UHDOO\
GRQ¶WJRWQRFRQWDFWZLWK\RX,KLW\RXRQ,* ,KROOHUHGDW
>ILUVWQDPHRI,@RQHWLPHDERXWLWDQGVKHDLQ¶WUHDOO\VD\
QRWKLQJ ,IDGHGDZD\IURPLW
%DVHGRQP\SDUWLFLSDWLRQLQWKLVLQYHVWLJDWLRQWKHUHLVSUREDEOHFDXVHWREHOLHYHWKDW,LV
DQDWWRUQH\ZKRKDVUHSUHVHQWHG.HOO\EXWGRHVQRWUHSUHVHQW.HOO\LQ8QLWHG6WDWHVY
<RUNRUWKHIHGHUDOFDVHFXUUHQWO\SHQGLQJLQWKH1RUWKHUQ'LVWULFWRI,OOLQRLV $UHYLHZRI
UHFRUGVIRUWKH$5/,1(7(/(3+21(VKRZVWKDW$5/,1(-5FDOOHGDWHOHSKRQH
QXPEHUOLVWHGRQ,¶VZHEVLWHRQWKUHHRFFDVLRQV0DUFK0D\DQG0D\
%DVHGRQP\SDUWLFLSDWLRQLQWKHLQYHVWLJDWLRQWKHUHLVSUREDEOHFDXVHWREHOLHYH
WKDWZKHQ$5/,1(-5VDLG³WKH\FODLP\RXJRWVRPHVKLWVRPHYLGHRVRUVRPHL3DGV´
DQG³\RXUVWRU\WKH\MXVWZDQWWKDWWRGLVDSSHDU´KHPHDQWWKDW,,DQGRU,WROGKLP
WKDW-DQH'RHKDGDFFHVVWRHOHFWURQLFHYLGHQFHWKDWFRXOGEHXVHGDJDLQVW.HOO\DQGWKDWWKH\
ZDQWHG-DQH'RHWRQRWWHOOKHUYHUVLRQRIHYHQWVUHJDUGLQJKHUUHODWLRQVKLSZLWK.HOO\LH
³KHUVWRU\´ 7KHUHLVIXUWKHUSUREDEOHFDXVHWREHOLHYHWKDWZKHQ$5/,1(-5VDLG³WKH\
DVNHGPHWRGRVRPHWKLQJ´KHPHDQWWKDW,DQG,DVNHG$5/,1(-5WRFRQWDFW-DQH
'RHDQGWKDWZKHQ$5/,1(-5VDLG³,KLW\RXRQ,*´DQG³,KROOHUHGDW>,@RQHWLPH
DERXWLWDQGVKHDLQ¶WUHDOO\VD\QRWKLQJ ,IDGHGDZD\IURPLW´KHZDVGHVFULELQJWKHVWHSV
KHWRRNWRSXWLQWRDFWLRQWKHVFKHPHWREULEH-DQH'RH 6SHFLILFDOO\$5/,1(-5
UHIHUHQFHGWKHWLPHZKHQKHFRQWDFWHG-DQH'RHE\VHQGLQJDPHVVDJHWR-DQH'RH¶V
ZLWK-DQH'RHEXWZKHQ,GLGQRWKHGLGQRWWDNHDQ\IXUWKHUDFWLRQXQWLOQRZ
7KHUHDIWHUDWWKHGLUHFWLRQRIODZHQIRUFHPHQW-DQH'RHFRQWLQXHGWR
FRPPXQLFDWHZLWK$5/,1(-5RYHUWKH$5/,1(7(/(3+21(DQGZLWK,
UHJDUGLQJSD\PHQWVE\$5/,1(-5WR-DQH'RH $WDPRQ0D\-DQH'RH
VHQWDWH[WPHVVDJHYLDL0HVVDJHWRWKH$5/,1(7(/(3+21(WKDWUHDG³>-DQH'RH¶V
&DVK$SSDFFRXQW@,¶PJRLQJWREHGWRGD\KDVEHHQORQJ7W\O´ $5/,1(-5UHVSRQGHG
E\L0HVVDJHXVLQJWKH$5/,1(7(/(3+21(³2NJRRGQLJKW>@´
2Q0D\DWSP$5/,1(-5XVLQJWKH$5/,1(
7(/(3+21(VHQWDWH[WPHVVDJHYLDL0HVVDJHWR-DQH'RHVWDWLQJ³*RRGPRUQLQJ
\HD>ILUVWQDPHRI,@VDLG5REGRQ¶WKDYHWKDWWRJLYHJXHVVKH¶VJRLQJWRWDNHKLVFKDQFHV
LI\RXHYHUQHHGDQRSSRUWXQLW\¶VOHWPHNQRZ´
/DWHUWKDWGD\-DQH'RHVHQWDWH[WPHVVDJHYLDL0HVVDJHWR,WKDW
VDLG³,IHHOOLNHKHZDV>HPRMLZLWKORQJQRVH@KRZKHVD\UREKDGDOOWKLVPRQH\DQGWKHQ
UHDG-DQH'RH¶VHDUOLHUWH[WPHVVDJH ,VDLGLQSDUW³OLNHLVDLG\RXDQGLERWKNQHZURE
ZDVORZRQIXQGVDQGDJDLQULFKKDVQ¶WVSRNHZLWKUREVLQFHMDQXDU\VRLGRQ¶WNQRZ>@´ $
OLWWOHRYHUWKUHHKRXUVODWHUDWSP,ZURWHLQSDUWWR-DQH'RH³VRULFKMXVWWROGPH
UREZLOOJLYH´ -DQH'RHDQVZHUHGLQWZRVHSDUDWHWH[WPHVVDJHVYLDL0HVVDJHLQ
SDUW³GLG5REVSHDNWR5LFK" %HFDXVHKHOLWHUDOO\MXVWVDLG>ILUVWQDPHRI,@VDLGKHGLGQ¶W
KDYHPRQH\WRJLYHDQGZRXOGWDNHKLVFKDQFHV">HPRML@´DQG³7KDWMXVWGRHVQ¶WPDNHVHQVH
'LGRQHRIWKHPWDONWR5RE"´
2Q0D\DWSP$5/,1(-5XVLQJWKH$5/,1(
7(/(3+21(VHQWDWH[WPHVVDJHYLDL0HVVDJHWR-DQH'RHWKDWUHDG³,¶PLQ
HQIRUFHPHQWDJHQWV-DQH'RHWKHUHDIWHUFDOOHGWKH$5/,1(7(/(3+21(ZKLFKFDOO
ZDVFRQVHQVXDOO\UHFRUGHG 'XULQJWKHFDOO$5/,1(-5WROG-DQH'RHWKDWKHZDVLQ
0LDPLWKHLUFDOOZDVWKHQFXWRII
$WSP$5/,1(-5XVLQJWKH$5/,1(7(/(3+21(
VHQWWH[WPHVVDJHVYLDL0HVVDJHWR-DQH'RHWKDWUHDG³,WKRXJKW>VKH@WROGX,ZDVFRPLQJ
RXWKHUH,ZRXOGKDYHEXPSHGLQWRXLQKROODDWX´DQG³<HDDOVRWROG>KLPKHU@,ZDV
YDFDWLRQLQJLQ0LDPLLQZHFRXOGKDYHWDONHGDERXWHYHU\WKLQJ>@´ %DVHGRQP\WUDLQLQJ
H[SHULHQFHDQGSDUWLFLSDWLRQLQWKHLQYHVWLJDWLRQ,EHOLHYHWKDWLQWKHVHWH[WV$5/,1(-5
ZDVUHIHUULQJWRKLVEHOLHIWKDW,KDGWROG-DQH'RHWKDWKHZDVWUDYHOLQJWR)ORULGD³,
ZRXOGKDYHEXPSHGLQWRXLQKROODDWX´
2Q-XQHWKH+RQRUDEOH3.HYLQ&DVWHO8QLWHG6WDWHV'LVWULFW
-XGJHIRUWKH6RXWKHUQ'LVWULFWRI1HZ<RUNDXWKRUL]HGWKHLQWHUFHSWLRQRIZLUHDQG
HOHFWURQLFFRPPXQLFDWLRQVRFFXUULQJWRDQGIURPWKH$5/,1(7(/(3+21(IRUD
7(/(3+21(EHJDQRQ-XQH 7KH$UOLQH:LUHWDSGLGQRWFDSWXUH)DFH7LPHFDOOV
RYHUWKH$5/,1(7(/(3+21(RUL0HVVDJHVVHQWRUUHFHLYHGE\WKH$5/,1(
7(/(3+21(
GLUHFWLRQRIODZHQIRUFHPHQWVHQWDWH[WPHVVDJHYLDL0HVVDJHWR$5/,1(-5RQWKH
$5/,1(7(/(3+21(ZKLFKUHDG³+H\KDYHQ¶WKHDUGIURP\RXLQDPLQ :HVWLOO
JRRG"´ $5/,1(-5DQVZHUHG³<HDZHJRRGKRZXGRLQJ´DQG-DQH'RHUHVSRQGHG
³+DYHQ¶WKHDUGIURP\RXVR,GRQ¶WNQRZZKHUHZHVWDQG"´ 7KHVHL0HVVDJHVZHUHQRW
LQWHUFHSWHGRYHUWKHZLUHEXW-DQH'RHSURYLGHGFRSLHVRIWKHVHPHVVDJHVWRODZ
HQIRUFHPHQW
FDOOHG,DQLQGLYLGXDOZKRKDVSRVWHGDVHULHVRILQWHUYLHZVRQKLV<RX7XEHFKDQQHOWKDW
WKHFDOODIWHU$5/,1(-5VDLG³,DLQ¶WKHDUGIURP\RXLQDPLQXWH´,UHVSRQGHG³2K
PDQ\HDK\HDK\RXNQRZDK,KDGGRQHWDONWRDKDK>ILUVWQDPHRI,@«+HVDLGKH
JRQ¶KLW\RXXSDQG,NQRZ,NQRZ\RXLVEHHQLQFRQWDFWZLWK>ILUVWQDPHRI,@´
$5/,1(-5WKHQVDLG³KRZZRXOG\RXKRZZRXOG\RXIHHOLI,WROG\RX,PLJKWEHDEOHWR
JHWXKJHW\RX>ILUVWQDPHRI-DQH'RH@"´ $PLQXWHODWHU$5/,1(-5UHFHLYHGDQ
WKDWKHZRXOGFDOOKLPODWHU,VDLG³$¶ULJKWFDOOPHULJKWULJKWEDFN´
HQIRUFHPHQW-DQH'RHFDOOHG$5/,1(-5RQWKH$5/,1(7(/(3+21( $WWKH
EHJLQQLQJRIWKHFDOODSSDUHQWO\LQUHIHUHQFHWR-DQH'RH¶VL0HVVDJH$5/,1(-5VDLG
1RZZKDW\RXPHDQE\ZKDWKRZZHVWDQG" %HFDXVHXKODVW
WLPH,KHDUGIURPDQ\ERG\ZDV>ILUVWQDPHRI,@ >6KH@ZDV
OLNH³:KDW¶VWKHZKDW¶VWKHPRVW\RXWKLQNKHZLOOJLYHPH
ZKDWHYHU"´ /LNHWKHQDQG,ZDVOLNH³0D\EHWKUHHKXQGUHG
>@´ $QG>VKH@VDLG>VKH@ZDVJRLQJKROOHUDW\RXDQG,
QHYHUKHDUGQRWKLQJHOVHIURPHLWKHURQHRI\RXDOOVR,UHDOO\
GRQ¶WNQRZZKDW¶VJRLQJRQ«<HDK>VKH@MXVWDVNLQJOLNH
³:KDW¶VWKHPRVWKHSUREDEO\ZRXOGJLYHKHU"´ $QG,WROG
>KLPKHU@ZKDWKHVDLGZKDWVKHZRXOGZKDWWKH\VD\ $QG
>VKH@VDLG>VKH@ZDVJRQ¶JHWEDFNZLWK\RXVR $LQ¶WQRERG\
HYHUJHWZLWKPHPD\EHWKHSULFHZDVVRORZ>VKH@VDLGPLJKW
SXUFKDVHDKRXVH>SK@DQGWKHQVKH¶OO>8,@ $QG,GHILQLWHO\
WROG>KLPKHU@WKDW«KHJRWDERXWOLNHWKUHHKXQGUHGWRJLYH
-DQH'RHH[SODLQHGWKDW,KDGQRW³UHOD\HGDQ\WKLQJWRKHU´ 6KHWKHQDVNHG³6RKDYH
\RXWDONHGWR>ILUVWQDPHRI,@RUDQ\ERG\"´DQG$5/,1(-5DQVZHUHG³<HDK,ZDVMXVW
7KHWUDQVFULSWLRQVRIWHOHSKRQHFDOOVLQWHUFHSWHGRYHUWKH$UOLQH:LUHWDSWKDW
DUHLQFOXGHGKHUHLQDUHEDVHGRQOLQHVKHHWVSUHSDUHGE\WKHZLUHWDSPRQLWRUVDQGDUHVXEMHFW
WRUHYLVLRQ
RQWKHSKRQHZLWKKLPOLNHDERXWHLJKWWKLVPRUQLQJ´ 7KH\WKHQKDGWKHIROORZLQJ
H[FKDQJH
-DQH'RH 2ND\ZHOOWKHWKUHHKXQGUHGLVRND\VR,MXVWQHHGWR
NQRZKRZZHJRLQJWROLNHJRDERXWLW
$5/,1(-5 2KRND\\HDK,¶OOFDOOKLPFDOO>8,@DQGWHOOKLPWKDW
VKHVDLGWKDW¶VFRRO /LNH,VDLGLWZDVWKDWZDVOLNH
VKLWQHDUQHDUWZR>@ZHHNVDJRZKHQ>ILUVWQDPHRI
,@KLWPHDQG>VKH@ZDVOLNH³:KDW¶VWKHPRVW"´
$QG,WROG>KLPKHU@WKDWVKLW ,GRQ¶WNQRZZK\
>VKH@DLQ¶WJHWEDFNZLWKPHOLNHWKDW¶VZKDW,DVNHG
>KLPKHU@WRGRWZRZHHNVDJR %XW,
-DQH'RH %XWZKDWGLG>ILUVWQDPHRI,@VD\"
$5/,1( 2K,WDONWR>ILUVWQDPHRI,@,WDONWR>ILUVWQDPHRI
,@IURP>8,@GD\DERXWVRPHGLIIHUHQWWKLQJV
$WWKHHQGRIWKHWHOHSKRQHFRQYHUVDWLRQ-DQH'RHDVNHG$5/,1(-5IRUD³WKUHHZD\´
WHOHSKRQHFDOOEHWZHHQ-DQH'RH$5/,1(-5DQG, $5/,1(-5DQVZHUHG³,¶OOVHWLW
XS´
$IWHU$5/,1(-5FRQFOXGHGWKHSKRQHFRQYHUVDWLRQZLWK-DQH'RH
$5/,1(-5DQVZHUHG³6KHWU\LQ¶WRJHWPRQH\´ ,DQVZHUHG³,NQRZKRZWRGRWKDW´
$5/,1(-5WKHQVDLG
+HUDVVPDQVKHWKLQNLQVKHWKLQNLQ5REJRQQDSD\KHUWREH
$UHYLHZRIUHFRUGVIRUWKH$5/,1(7(/(3+21(VKRZVWKDW
$5/,1(-5XVLQJWKH$5/,1(7(/(3+21(PDGHRQO\RQHWHOHSKRQHFDOO
EHWZHHQSP&HQWUDO7LPHRQ-XQHDQGDP&HQWUDO7LPHRQ-XQH
DQGLWZDVZLWKKLVZLIHDWDP /DZHQIRUFHPHQWFRQWLQXHVWRLQYHVWLJDWH
ZKHWKHU$5/,1(-5VSRNHZLWK,XVLQJDGLIIHUHQWWHOHSKRQHQXPEHURUXVLQJ$SSOH
)DFH7LPHL0HVVDJHRUDQRWKHUPHDQVRIFRPPXQLFDWLRQWKDWZRXOGKDYHQRWEHHQ
LQWHUFHSWHGRYHUWKH$UOLQH:LUHWDS
'XULQJWKHFRQYHUVDWLRQ,PHQWLRQHGWKDW-DQH'RHPLJKWEHLQ³FDKRRWV´ZLWKWKH³)%,´
DQGTXHVWLRQHGZKHWKHUDILQDQFLDOVHWWOHPHQWZLWK-DQH'RHIRUKHUVLOHQFHZRXOGHYHQKHOS
.HOO\DWWKLVSRLQWH[SODLQLQJWKDWVHYHUDORIWKHYLFWLPVQDPHGLQWKHLQGLFWPHQWVDJDLQVW
.HOO\KDGSUHYLRXVO\UHFHLYHGVHWWOHPHQWVIURP.HOO\DQGVXJJHVWLQJWKDW-DQH'RHFRXOGQRW
GDPDJH.HOO\WRRPXFK $IWHU$5/,1(-5DQG,HQGHGWKHLUWHOHSKRQHFDOO$5/,1(
-5VHQWDWH[WPHVVDJHYLDL0HVVDJHWR-DQH'RHWKDWUHDG³+HJRWDQHZVSRNHVPDQVDLG
5REQRWZLOOLQJWRSD\XERXWZDVLQVWUXFWHGWRKHOSXPDNHPRQH\LQDPDMRUZD\>@´
%DVHGRQP\SDUWLFLSDWLRQLQWKLVLQYHVWLJDWLRQWKHUHLVSUREDEOHFDXVHWREHOLHYHWKDW³+H´
UHIHUUHGWR.HOO\ /LNHWKHSULRUPHVVDJHVWKLVL0HVVDJHZDVQRWLQWHUFHSWHGRQWKH$UOLQH
:LUHWDSEXWZDVSURYLGHGWRODZHQIRUFHPHQWE\-DQH'RH
HQIRUFHPHQWFDOOHG$5/,1(-5DQGWROGKLPVKHZDV³FRQIXVHG´ $5/,1(-5
UHVSRQGHG
%DVHGRQDUHYLHZRIDYDLODEOHWHOHSKRQHUHFRUGV$5/,1(-5GLGQRWDSSHDU
WRXVHWKH$5/,1(7(/(3+21(WRFDOO,DIWHUKHVSRNHZLWK-DQH'RH +RZHYHU
LIWKHFDOOZDVPDGHXVLQJWKH)DFH7LPHDSSOLFDWLRQDUHFRUGRIWKHFDOOZRXOGQRWDSSHDURQ
UHFRUGVIURPWKHVHUYLFHSURYLGHURIWKH$5/,1(7(/(3+21(QRUZRXOGLWEH
LQWHUFHSWHGRQWKH$UOLQH:LUHWDS
<HDKVRVKLWDOO,NQRZLV,MXVWVHHQVRPHVKLWWKDWOLNHMXVW
EOHZP\PLQG 6RVKLW,FDOOHG,MXVWFDOOHG>ILUVWQDPHRI,@
OLNH,WROG\RX,DLQ¶WUHDOO\EHHQWDONLQJWRKLPDERXW\¶DOO
VLQFHZHWDONZKLFKZDVDFRXSOHZDVDERXWWZRZHHNVDJR
6R,MXVWFDOOHGKLPULJKWQRZKHOLNH³0DQKROOHUDW>,@´
,¶POLNH³:K\,QHHGWRKROOHUDW>,@IRU"´ +HOLNH³0DQ
>,@GRLQJHYHU\WKLQJIRUQRZRQKHVSHDNLQJIRU5REKH
WDONLQJWR5RE´ $QG,¶POLNH,¶PWKLQNLQJKHEXOOVKLWWLQJKH
OLNH³0DQJRFKHFNRXWWKHYLGHR´ 6R,JRFKHFNRXWWKH
YLGHR>ILUVWQDPHRI ,@RQWKH>ILUVWQDPHRI ,@KDYLQJDOLYH
LQWHUYLHZZLWK>,@DQGOLNHEDVLFDOO\5RELVWDONLQJWRWKLVGXGH
QDPHG>,@QRZ
'XULQJWKHFRQYHUVDWLRQ-DQH'RHDVNHG³6RZKRVHLGHDZDVLWWRSD\WKLVWKUHHKXQGUHG"´
DQG$5/,1(-5VDLG³1RVRZKHQ>ILUVWQDPHRI,@FDOOHGPH>VKH@VDLGµZKDW¶VWKH
SUREDEO\EHVRPHZKHUHLQWKHWKUHHKXQGUHGVORRNLQJDWKRZPXFKPRQH\WKLVQLJJDJRW¶
6R,ZHQWEDFNDQGWROG>ILUVWQDPHRI,@WKUHHKXQGUHG 7KDWZDVWZRZHHNV>$8',2
*/,7&+@>VKH@QHYHUUHVSRQGWRPH´ :KHQ-DQH'RHDVNHG³$QGQRZ>,@LVDQGVR
WKDWPHDQV>,@MXVWFDPHLQSOD\DERXWWZRZHHNVDJR"´$5/,1(-5DQVZHUHG
0DQSUREDEO\XK,WKLQNSUREDEO\DERXWXKDZHHNDJRRUVR
ZKHUHKHEHHQSXWWLQJWKLVVKLWLQSODFHZKHUHKHGRLQJDOOWKH
WDONLQJIRUKLPDQGVKLW %HFDXVHKHWROGPHFDXVH,WDONHGWR
>ILUVWQDPHRI ,@DVZHOO,WULHGWRKROOHUDW>ILUVWQDPHRI,@
DERXWWKLVWKHPRQH\VLWXDWLRQWRRDQG>VKH@ZDVOLNHOLNH
³1DZHDLQ¶WGRLQJWKDW´ $QG,ZDVOLNH³:K\"´DQG>VKH@
VDLG>,@QDPHWRR« >6KH@>VKH@LVOLNH>VKH@EHRQVRPH
ROGRWKHUVKLWWKRXJKVRWKDW¶VOLNHZKHQ,ILUVWZKHQ,ILUVW
WDONHGWR>KLPKHU@,KROOHUHGDW>KLPKHU@DQG>ILUVWQDPHRI
,@WRVHHZKHUHWRVHHZKHUHWKH\ZDVDWZLWKWKHVKLWDQG
WKDW¶VZKHQZHZKHQZHDOOVWDUWHGWDONLQJ %XW>VKH@
NQRFNHGLWGRZQULJKWDZD\ %XW>ILUVWQDPHRI ,@ZDVOLNH
\HDK\RXSUREDEO\FRXOGWU\WRZRUNLWRXW
%DVHGRQP\SDUWLFLSDWLRQLQWKHLQYHVWLJDWLRQWKHUHLVSUREDEOHFDXVHWREHOLHYHWKDWLQWKH
³WZRZHHNV´EHWZHHQZKHQ$5/,1(-5ILUVWFRPPXQLFDWHGZLWK-DQH'RH DQGVXJJHVWHG
WKDW.HOO\ZRXOGSD\IRUKHUVLOHQFHDQGWKHWLPHRIWKLV-XQHWHOHSKRQH
FDOOWKHVLWXDWLRQPD\KDYHFKDQJHGLQFOXGLQJE\SXWWLQJ,DVRSSRVHGWR,LQFKDUJHRI
WKHVWUDWHJ\IRU.HOO\DQGWKDW,PD\EHOHVVLQFOLQHGWRSDUWLFLSDWHLQDGLUHFWSD\RIIRI
-DQH'RH
ZDQWHGWRKDYHDWKUHHZD\WHOHSKRQHFDOOZLWK$5/,1(-5DQG,DQG,DJUHHG 7KH
$5/,1(-5FODULILHGLQVXEVWDQFHWKDWDIWHU-DQH'RHLQLWLDOO\UHTXHVWHGDWZRPLOOLRQ
GROODUVHWWOHPHQW$5/,1(-5FRQWDFWHG,DQG,UHIHUULQJWRHDFKE\WKHLUILUVWQDPHV
DQGWKH\VDLGLQVXEVWDQFHWKDW.HOO\FRXOGQRWDIIRUGDPLOOLRQVHWWOHPHQW $5/,1(
-5H[SODLQHGWKDWWKHVHWWOHPHQWFDPHDERXWZKHQ,FDOOHGKLPDQGDVNHGKRZ
PXFKDQGWKDW,WKHQFDOOHG,ZKRVXJJHVWHG ,WKHQWROG-DQH'RHWKDW,
ZRXOGFRQWDFW,WRILQGRXWH[DFWO\ZKDW,PHDQWDQGPHQWLRQHGWKDW,KDGFDOOHG,
WZRZHHNVDJRDQGWROG,DERXWWKHVLWXDWLRQ )ROORZLQJWKDWWHOHSKRQHFDOO$5/,1(-5
FDQQRQ´
2Q)ULGD\-XQH$5/,1(-5WUDYHOHGIURP&KLFDJRWR
+RXVWRQ7H[DVWRFHOHEUDWHKLVZLIH¶VELUWKGD\ 'XULQJWKHWULSRQ-XQHDW
$VVHWIRUWKDERYH$5/,1(-5ILUVWFRPPXQLFDWHGZLWK-DQH'RHRYHUWKH
$5/,1(7(/(3+21(RQ0D\
HQGHGWKHWHOHSKRQHFDOOE\WHOOLQJ-DQH'RH³OHPPHVHHZKDW¶VJRLQJRQ ,,¶OOKDYHD,
KDYHDDQVZHULQWKHPRUQLQJIRUWKHDERXWWKHPRQH\´ 2Q-XQH$5/,1(-5
FDOOHG,EXWWKHWHOHSKRQHFDOOZHQWWRYRLFHPDLO ,WZLFHWULHGWRUHWXUQ$5/,1(-5¶V
FDOOEXW$5/,1(-5GLGQRWSLFNXSWKHFDOOV
$5/,1(-5VDLG³2K\HDK,WDONHGWRKLPDOLWWOHELW´ $5/,1(-5H[SODLQHGWKDW-DQH
'RHZDQWHG³PRQH\«WREHTXLHW´ $5/,1(-5H[SODLQHGWKDW,VDLGLWZRXOGEHIXWLOH
WRSD\KHUEHFDXVH-DQH'RHSUREDEO\ZRXOGQRWHQGXSFRRSHUDWLQJZLWKODZHQIRUFHPHQW
$WWKHHQGRIWKHFDOO$5/,1(-5ZKRZDVVWLOOLQ+RXVWRQVDLGWKDWKHZRXOG³KLW>,@
ZKHQKHJRWEDFNDURXQG´LHZKHQKHUHWXUQHGWR&KLFDJR
7RGDWH-DQH'RHKDVQRWUHFHLYHGDQ\PRQH\IURPWKHGHIHQGDQW
5,&+$5'$5/,1(-5DQGLWUHPDLQVXQFOHDUZKHWKHU.HOO\,,DQG,LPSOLFLWO\RU
H[SOLFLWO\DXWKRUL]HG$5/,1(-5WRQHJRWLDWHDEULEHSD\PHQWRQEHKDOIRI.HOO\ $V
GHVFULEHGDERYHWKHUHLVSUREDEOHFDXVHWREHOLHYHWKDW$5/,1(-5LQIDFWVRXJKWWR
FRRUGLQDWHDEULEHSD\PHQWWR-DQH'RHLQH[FKDQJHIRUKHUDJUHHPHQWWRFHDVHKHU
FRRSHUDWLRQZLWKIHGHUDOODZHQIRUFHPHQWUHJDUGLQJWKHFDVHDJDLQVW.HOO\SHQGLQJLQWKH
(DVWHUQ'LVWULFWRI1HZ<RUN
%HFDXVHSXEOLFILOLQJRIWKLVGRFXPHQWFRXOGUHVXOWLQDULVNRIIOLJKWE\
WKHGHIHQGDQWDVZHOODVMHRSDUGL]HWKHJRYHUQPHQW¶VLQYHVWLJDWLRQ\RXUGHSRQHQW
UHVSHFWIXOO\UHTXHVWVWKDWWKHFRPSODLQWDQGDUUHVWZDUUDQWEHILOHGXQGHUVHDO
:+(5()25(\RXUGHSRQHQWUHVSHFWIXOO\UHTXHVWVWKDWWKHGHIHQGDQW
5,&+$5'$5/,1(-5EHGHDOWZLWKDFFRUGLQJWRODZ
6SHFLDO$JHQW8QLWHG6WDWHV'HSDUWPHQWRI
+RPHODQG6HFXULW\+RPHODQG6HFXULW\
,QYHVWLJDWLRQV
6ZRUQWREHIRUHPHWKLV
4
BBGD\RI$XJXVW by telephone
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
7+(+2125$%/(67(9(10*2/'
81,7('67$7(60$*,675$7(-8'*(
($67(51',675,&72)1(:<25.