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The venture capital firms invested $2.3 MILLION in Apex Energy in May 1989. At the time, they<br />
were controlled by Louis Marx, Jr., an investor who is a big Republican contributor and a longtime<br />
friend of President Bush.<br />
The firms, Wood River Capital Corp. and a subsidiary, Bridger Capital Corp., were able to draw on<br />
federally guaranteed money.<br />
Rep. Pat Schroeder, D-Colo., called the investment “a $2.3 million embarrassment.”<br />
Schroeder said in a statement that the report, which she had requested in December, indicates “a<br />
shameful abuse of a small business assistance program”.<br />
Because of the two companies’ serious financial difficulties, the Small Business Administration recently<br />
asked Wood River and Bridger to sell all their assets, including their stakes in Apex Energy,<br />
within 30 months. The proceeds will be used to pay back the agency for the loan guarantees.<br />
The report said it is unknown at this time whether Wood River and Bridger will be able to sell all<br />
their holdings and repay the SBA the $24 MILLION AND $5.5 MILLION, RESPECTIVELY, THAT<br />
THEY OWE.<br />
IT IS UNKNOWN HOW MUCH OF THE COMPANIES’ INVESTMENT IN APEX ENERGY<br />
WAS FEDERALLY GUARANTEED MONEY. WOOD RIVER AND BRIDGER WERE ABLE<br />
TO DRAW ON A POOL OF GUARANTEED FUNDS AND WERE NOT REQUIRED TO<br />
KEEP TRACK OF HOW THE FUNDS WERE DIVIDED AMONG INVESTMENT VEN-<br />
TURES.<br />
Now you tell me, brothers, how this can be when a man (Bill Benson) who has no tangible assets in the first<br />
place can end up in prison with injections oozing his very life from him, for not filing “UNLAWFUL”<br />
income tax forms; and this sort of mass deception and actual money theft from you-the-people be found<br />
“OK” by your own CONGRESSIONAL COMMITTEES—THAT, SIRS, IS YOUR GOVERNMENT<br />
AND CONGRESSMEN! Further, I can guarantee you that at least 98% of all Americans missed<br />
the above report for it was denied more than a couple of mere mentions on TV and the above<br />
copy was way back within the small articles within the paper.<br />
Now, I am going to do you in a bit further in reading and if you are not irate and burning with contempt for<br />
this system of enslavement—I am disappointed. This too, may be considered too lengthy but I honor the<br />
person who has confided in me and cried out for HELP. This person took his life and allowed it to be<br />
destroyed to speak out—all the way to the US Supreme Court—and was denied recourse and others<br />
who also came forward with Truth have been killed, discharged, harassed and silenced. Where else is<br />
there to go except unto God? And God turns it over to me to allow hearing for it is the time of Truth!<br />
I shall delete pertinent information regarding this person in point as to his current location and status when<br />
within the military services. He had a high and confidential position within the record keeping facilities. He<br />
circulated through some places of high research and I honor this person and those who served and “gave”<br />
with this man of integrity who has had to witness hundreds of thousands pay the price of Agent Orange and<br />
its deadly destruction. I AM going to name other names for if the deceivers and corrupted are not brought<br />
into public view—how else shall ye stop them?<br />
I think I shall just have the letter copied, then I ask that the correspondence be given into third party hands<br />
to be kept in separate placement in security—immediately; today!<br />
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