FLOW EAST a.s.
Mostecká 12
110 00 Praha 1,
tel:02/57533249,fax:02/57533250
As far as I am aware there is a contract between TREND VIF and Flow Corporation Ltd
(The contract). This contract is governed by English Law. Flow Corporation Ltd (Flow)
believes that the supposed “settlement“ agreement signed by John Moffit and Michael Bluhm
is a breach of The Contract. Therefore Flow has taken this case to the Arbitration court as provided in The Contract.
You should be aware that the Arbitration court recently ruled in favour of Flow on a number of points. If Flow wins the case against TREND and damages are awarded that will be a decision of a Court that we trust you will respect, if Flow loses then the case is over.
Wheter Flow wins or loses we believe that you should be adressing your complaints
towards the conduct of Messrs, Moffitt, Bluhm and Razim since these are the people who, respectively 1. Signed the “settlement“and 2. Did not annul the “settlement“. It is the belief of Flow tahat the “settlement“ is disadvantageous to TREND and that at the time of signing there was a clearer, better, transparent alternative available to TREND that would have secured a significant amount of return for all TREND shareholders. If you would like further details please let me know.
I have available a copy of the “settlement“agreement for you so that you can make your own judgement. Please let me know if you would like a copy.
Yours sincerely,
Marta Guthová
