Bob’s Weekly Update

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Dear Bondholders,

I’m back, still not got over the insomnia which is part of jet lag, but I’m back, and I’m glad to report that the trip went well.

An RNS

A few days later than I had expected  but it is out and Ian put this on the website on Wednesday morning.  It informs us on three key points which I list below.  I know from correspondence from Bondholders that investors would like to see updates, like this one, issued more regularly, and I’m no different. It’s frustrating, but we do have to remember that ARM are not in the same position as a company that is trading in the normal way.  Everything here has to pass through an unusually large number of hands and this slows things down considerably.

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Bob’s Weekly Update

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Dear Bondholders

As you know, Bob is in the United States on business. He has ask me to tell you that he will not now be putting up his regular ‘Bob’s Weekly Update’ this week until he returns from the USA. This is due to the traveling, and time zone changes, both internationally and internally in the USA, that has made it impossible to gather the relevant up to date information he required for his in-depth Update.

Normal service should resume next week.

Kind regards to you all, and have a good weekend.

Ian

Bob’s Weekly Update

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Dear Bondholders

Airport Special

Not only have we been in the ‘silly season’ with ARM news, but as readers will have gathered from Ian, I’m travelling.  If I was working on the News Desk at the BBC, I’d resort to posting a tale of endangered wood lice, threatened by global warming, or dig out the footage of the snow blocked Pennine Way, and do what they seem to do every January, describe the conditions as though they filmed it that day.  Sadly I can’t do that sort of thing.

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Bob’s Weekly Update

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Dear Bondholders,

Well here we are at Update No 30, and what started as an experiment, in response to requests from a number of lady investors, seems to have become an established event. I am always touched by just how many supportive e-mails that ARM Help receive in response to this news round up. From those emails, from both IFAs and Bondholders, we know it is being read as far away as Hong Kong, Kenya and several States of the USA.

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Bob’s Weekly Update

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Dear Bondholders,

I’m afraid this will be a shorter Update this week, as I’ve had terrible vertigo problems, and even had to cancel my visit to the International Life Settlement Conference. It was probably foretold in the runes that this would happen, for as readers will know, I had been asked to speak on the subject of “Deals Gone Wrong: Investors Speak Out About What They’ve Learned.” I was supposed to be empanelled with 2 or 3 other speakers for a group discussion, and questions from the floor session, and for some reason no other speakers were found to join me.  Given the disasters that have hit investors in various SLS based funds, one would have thought volunteer speakers would have been queuing  up around the block, but no.  Maybe it’s the ‘no one goes to the pub to talk about the bad car they bought’ syndrome in action, a great pity in my opinion, as there were many points that could have been made most effectively in this forum.

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Bob’s Weekly Update

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Dear Bondholders,

Well finally Spring is in the air and we are hopefully moving towards, if not the end of this long journey, but the beginning of the end.

Progress on Policy Transfers

I have been advised that there are now 29 policies left to transfer and that there are no problem policies currently awaiting attention.

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Bob’s Weekly Update

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Dear Bondholders,

In my most recent ‘Update’ I remarked that it was a funny old end to the week, and that I had little new ARM information that I could provide you with; well this week I regret to report that it is even worse, as Easter breaks seem to have been extended, and I’m getting no replies to requests for information.

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