BLEAKLEY PLATT & SCHMIDT, LLP
ONE NORTH LEXINGTON AVENUE
WHITE PLAINS, NEW YORK I 060 I
WILLIAM H. MULLIGAN, JR,
914.287,6131 914.949.2700
WMULLIGAN@BPSLAW.COM FAX: 914.683.6956
BPSLAW.COM
September 12, 2012
Via UPS Ovemight Mail
The Honorable Timothy F. Geithner
Secretary of the Treasury
U.S. Department of the Treasury
1500 Pennsylvania Avenue, NW
Washington, D.C. 20220
The Honorable Raymond H. LaHood
Secretary of Transportation
U.S. Department of Transportation
1200 New Jersey Avenue, SE
Washington, DC 20590
Via USPS Express Mail
United States Department ofthe Treasury
Treasury Control System (offset payments)
TOCS, P.O. Box 1686
Birmingham, AL 35201-1686
Attention: Debt Authentication Department: Offset Payments
Re: US TREASURY/SECRETARY OF TREASURY AUTHENTICATION OF THE
International Bills of Exchange ("IBOEs")
Drawn by: Stephen-Louis Wozny, (Drawer).
In favor of Drawee Payee: Red Panther Limited, ("Beneficiary") with Mr.
James Salmon, ASO ofBeneficiary.
Drawn on/Payor & Payable by: Secretary of the Treasury of the United States of
America/U.S. Secretary of Transportation United
States Department of the Treasury - Treasury
Control System (offset payments). TOCS P.O. Box
1686, Birmingham, Alabama, 35201-1686.
The Hon. Timothy F. Geitner
The Hon. Raymond H. LaHood
United States Department ofthe Treasury
September 12, 2012
Page 2
Total Notional Value ofiBOEs: US $2,875,426,500,000.00 - USD Two Trillion
Eight Hundred and Seventy Five Billion, Four
Hundred and Twenty Six Million Five Hundred
Thousand Dollars.
Date oflssuance: August 7, 2009 (reissued August 1, 2012).
Due/Payment Date: August 7, 2014.
Irrevocable Power of Attorney: Granted by Mr. James Salmon, ASO of Beneficiary,
on August 1, 2012, in favor of: Mr. Artemios
Sorras, Patras, Greece.
AND
RE: Opening of Custodial & Depository Accounts for Mr. Artemios Sorras ("Mr. Sorras")
Power of Attorney for Principal of the above noted IBOEs
Gentlemen,
Our client, Artemios Sorras, has retained the Firm of Diamond + Diamond, Merchant
Banking Group ("DDMBG"), Toronto Trading :Oesk, which is preparing and facilitating the
opening of the above noted Custodial & Depository Accounts for and on behalf of Mr. Sorras
and for and with and on behalf of Federal Stock Transfer & Custody Agents Inc., Federal
Funding & Investments Group Inc., and the Depository Institutions of CIBC Bank of Canada,
BMO Bank of Canada, HSBC Bank, Penson Financial, and RBC Bank of Canada.
I attach copies of 8 representative IBOEs, front and back, as well as the Irrevocable
Power of Attorney dated August 1, 2012, referenced above. We hereby formally request that the
United States Treasury, or any affiliated office thereof, or whichever federal department or
agency which bears the responsibilities therefore:
1. a. Authenticate the lawful drawing, issuance, and bona fides of the
said IBOEs in the name of the named Beneficiary;
b. Confirm that the said IBOEs represent lawful debt of the United
States of America, and that they are valid and in full force and
effect, and further;
c. That the total notional value of the said IBOEs is US
$2,875,426,500,000.00-USD Two Trillion Eight Hundred and
Seventy Five Billion, Four Hundred and Twenty Six Million
Five Hundred Thousand Dollars, that they remain outstanding,
The Hon. Timothy F. Geitner
The Hon. Raymond H. LaHood
United States Department of the Treasury
September 12, 2012
Page 3
and that none of the said IBOEs as set out on the Irrevocable Power
of Attorney dated August 1, 2012, have been settled and or
cancelled and or invalidated, and that their due date for settlement
is August 7, 2014, and further;
d. Confirm that they have been notified of, are aware of, and the said
Irrevocable Power of Attorney dated August 1, 2012, in favor of
Mr. Sorras, has been deposited with and has been notified to the
US Treasury and they are aware of it.
2. It is requested the above noted authentication be in writing, and addressed to DDMBG, at
their offices in Toronto, Ontario, Canada, and;
3. A confirmatory wire with the same text is to be sent by swift wire to:
Attention: Diamond + Diamond, Merchant Banking Group,
c/o: Bank of Montreal,
26 Fort York Blvd.
Toronto, Ontario, M5V 3Z3.
SWIFT: B OFMCA T2.
Bank Officer: Mr. Greg Astourian.
We respectfully request that you obtain the above noted authentication of the said IBOEs,
as soon as possible as it is imperative for the business operations planned by Mr. Sorras, going
forward.
We also hereby respectfully request your official response and reply in good faith,
confirming the bona fides and validity of the United States debt represented by the attached
IBOEs within seven (7) days, or September 20, 2012, following which we shall deal with same
as if we have received your confirmation.
Should you require any further information please contact me directly at 914-287-6131 or
by email, wmulligan@bpslaw.com.
Respectfully,
William H. Mulligan, Jr.
WHM/crf
The Hon. Timothy F. Geitner
The Hon. Raymond H. LaHood
United States Department ofthe Treasury
September 12, 2012
Page 4
cc: Artemios Sorras
Diamond + Diamond, Merchant Banking Group
Banlc of Montreal
Royal Bank of Canada
CIBC Bank of Canada
CDS
Penson Financial
Portfolio Securities Strategies
Federal Funding & Investments Group Inc.
Federal Stock Transfer & Custody Agents Inc.
