We now declare The Bank Defaulted.
As previously stated, we have been trying to be in contact with Mr. Tizzy without results. At the present moment he is not on the search mode anymore.
We are starting from this moment our procedures to liquidate issued certificates. Certificate holders, please read the note.
Cash coverage for The Bank outstanding balance has been set aside. We still maintain cash coverage on our avatar to cover the biggest exposure we currently have.
