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U.S. Securities and Exchange Commission

One Equity Corporation et al.

On July 10, 2008, the SEC filed a civil action charging One Equity Corporation, Triangle Equities Group, Inc., Victory Management Group, Inc., Dafcan Finance, Inc. (collectively, the One Equity Companies) and others with operating an alleged fraudulent stock-based loan program. According to the complaint, the One Equity Companies and their principals raised about $70 million from approximately 125 borrowers. On July 17, 2008, the Court ordered the appointment of attorney Frederick L. Ransier as Receiver over the One Equity Companies.

On January 8, 2010, the Court issued an Order approving the Court Appointed Receiverís Application to Establish Proof of Claims Notice and Procedure. Investors who believe they may have a claim against any of the entities subject to the Receivership proceeding must follow the instructions in the Notice of Bar Date to File Claim and submit a completed Proof of Claim form to the Receiver. Eligible claimants must submit the proof of claim form to the Receiver no later than March 10, 2010.

For more information about the SECís action, you can read Litigation Release Nos. 20716A (Sept. 15, 2008), 20643 (July 14, 2008), 20652 (July 22, 2008) and 21385 (Jan. 20, 2010). See also Litigation Release No. 21234 (Oct. 1, 2009).

You can find the latest information about the Receivership by visiting the Receiverís website.

http://www.sec.gov/divisions/enforce/claims/oneequitycorp.htm