Dear Fellow Investors:

Our mailbox is overflowing. We are delighted with your response to our proposed lawsuit, but we also want you to understand that we are a group of volunteers who lack the ability to reply promptly to each and every one of your inquiries and commentaries. It is probably fair to say that we had no realistic sense of the volume of work we were getting ourselves into. Perhaps this message will serve to pool some answers to your many questions.

Some of you have expressed concern that our fee schedule for participation represents only the beginning of our request for financial support. Not true. We can now project that what has or will be contributed to this effort is adequate to cover the legal fees as well as miscellaneous costs of administration. Please remember that UCCR Board members receive no compensation for their time, but yet pay n>the same fees for participation.

Many have sent their applications with all the required documents except for proof of investment in the form of copies of “guarantee” checks, explaining that they would do so when they returned home from a winter vacation and were able to access them. Some lost the originals because of home theft – usually in Costa Rica – but regardless, sent their money to us. We have accepted the application while awaiting a ruling from our attorney allowing these individuals to be included in the process now or at a later date upon receipt of the check copies.

Also unresolved is whether or not the “total investment” should be the sum of the guarantee checks submitted or the initial investment plus accrued interest. In some cases this makes an enormous difference. This, again, will depend upon the advice of our attorney. For the time being we are accepting the declaration as stated by the investor. In all instances where the documentation is incomplete, we will submit the application to the attorney. If for some reason it cannot be included, we will refund the appropriate fee.

As we have previously announced, the termination date for acceptance of applications will be Jan. 31, 2010, based upon the postmarked date on the envelope.

We are still quite busy tabulating your data, which is our priority at the moment. Our goal is to turn over all accounts to our lawyer by the end of this month. He expects to have the legal groundwork completed by that time.
If you wish to join our lawsuit but do not have the two required forms, please email and we will send you the forms as attachments, or go to the website, and print the documents. uccr@ticostuff.com,www.ticostuff.com/uccr,

Finally, it will help us if you do not staple a check. The banks are very particular about receiving any check with a blemish. Also, we have discovered that we misinformed you about the regional code that should appear in our postal address. Instead of 20105 it should be 20501. The mistake was recognized and corrected by the postal system, so that no mail has been diverted, but the post office has rightly complained about the inconvenience we have created.

Grupo UCCR
www.ticostuff.com/uccr
uccr@ticostuff.com