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Rod, Udachu updates on the e-gold exchange ordeal that they had thus low returns for UI and SGFH

Good Morning Dear,

We wanted to come out with a letter prior to posting the returns for funds so that everyone has a firm understanding of what the happenings are with these two very separate funds. Udachu Invest is a fund that uses several traders in order to diversify and lower risk. The Silver Gate Forex Hedging Fund is a single fund under the management of the Silver Gate Investment Group Board of directors which uses a single trader with a hedge system for trading that has proven to be very reliable. Many of you are new with us and have not had the time to see us grow and become the secure group of business investors as we have. Those that know us understand that there are on the off occasion a glitch that we have to deal with in the day to day course of business. It is unfortunate that this is the case at this time. There has been no trading errors or draw downs.

In fact we are in profit. And that is what truly counts. What is important to understand is that while we are at banks and brokerages mercy we some times have to roll with the punches. In this case we had severe wire delays in exchanging e-gold. This caused delays in getting all funds into trade. But to add insult to injury once the wires were made to the broker the funds were placed into an account for UI when it should have gone into an account for SGFH. On the surface this may not seem like a major ordeal. I will not get into the complexity of the entire process but I will say that this left us with a judgement call.

We could have the funds traded and we would have made all of you profit. But that would not have been moral or ethical. Even though all of you are aware that in the Forex trading market there is always the risk for a 100% loss, we take the responsibility to make sure everything in our power is done to prevent such a catastrophic event.

The accounts have since been placed in order and all is running smoothly. We are deeply sorry for the low returns this month. I can most assuredly say that if it were any other program that I know of that endured what we have endured in red tape this month, there would have been great losses. Instead of disappointment I would like you to reconsider that it is truly a sign of competent management and the hardest working staff I have every had the privilege to work with.

We have many new programs that involve very low risk outside of the Forex Market. I invite you to visit the www.udachufundforum.com website for more information. And if you would like to speak to a board member about any concerns please PM any of them with a diamond avatar.

Regards,
Udachu

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