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Fellow Investors

Without Prejudice

With reference to the recent SMS / Email message sent out by Orthotouch and/or Mr Hans Klopper and all the enquiries
by investors the following:
1. The message is a just a notification by Orthotouch / Klopper that according to the Chairman (D P Cohen) the
majority Investors apparently voted in favour of the new Arrangement Scheme although writer is of the opinion
this can be debated if the Irene meeting chaos is taken into account.
2. The majority Investors (90%+) who attended the meeting at Irene applauded a motion that the vote process be
postponed but it was ignored by the chairperson Mr Cohen, showing his negative attitude towards Investors.
3. This was a clear indication that the majority Investors present preferred to consult with their advisers again after
receiving new information conveyed to them by Michael Kiriakides during the meeting who actually urged
investors to consult with advisers again before voting although many already by then brought out a vote.
4. Writer is also of the opinion that it is unconstitutional to urge Investors to vote before a meeting, disclose new
information at the meeting and then deprive the attendances the right to either change or cancel their brought out
vote but that is now water under the bridge and a debate for another day.
5. We are further of the opinion that the outcome of the voting process in favour or the New Scheme was influenced
by the vast amount off shares held by the Georgiou group because a yes vote means less interest to be paid which
will favour Orthotouch.
6. The new Scheme Arrangement was sanctioned by the High Court rendering the scheme active and binding which
means that Orthotouch MUST now pay interest in accordance with the different options in the new plan. Based on
their track record re interest payments one can not but wonder for how long ?
7. The approval and sanctioning of the new scheme by the High Court is normal procedures and Im of the pinion it
is dramatised by Orthotouch to confuse Investors with the class action court case brought against them by
dissatisfied Investors.
8. The class action brought against Orthotouch and others has nothing to do with the court sanctioning of the new
scheme of arrangements and this will also not affect the class action.
9. Investors supporting the class action court case were not against the 2011 Business Rescue Plan or the new
scheme of arrangements because we are of the opinion that interest MUST be paid by Ortotouch to Investors
although we opposed the unconditional / unfair conditions in the scheme and therefore decided note to participate
in the voting process.
10. Those who did not vote must now also be paid interest in accordance with option one adjudicated to them by
default.
11. What is of utmost importance is that the new sanctioned scheme of arrangements does not influence the
class action court case in any manner and visa versa because the court case is all about bringing the
respondents in the case to justice to explain to the court how did they manage / mismanage the Investors
money and refund the capital.
The way forward as I see it.
More that 6,000 investors already joined the class action and many join by the day according to the attorneys.
The more investors supporting the class action the better our chances to succeed with the case to salvage our capital.
Good news is that the cut off date to join the class action is extended to 05/01/2015 because of the HS 15-18 syndications
claim now processed which will by filed in court in January 2015. This claim will run concurrently with HS 19-22
backed by one class action.
Investors not part of the class action yet can still join by making a contribution into the account of the attorney managing
the funds. Details attached.
Regards
Helgard Hancke
Pretoria Organizer Investors Class Action.

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