Update from jeff

Dear First Capital S&L Clients,
I have been dragging my feet in getting this update out to you. However, I do have reason for it, in that I don't want to go through the next few months with more unnecessary challenges to overcome.

As Thomas Jefferson is famously quoted, "Delay, is preferable to error". In my case here, I would prefer to be delayed and late in my corresponding to you, than to be wrong in my decision-making process, of which will certainly affect your lives.
I mentioned to all of you in the last update that I wanted to do a survey. This email is for that purpose.

As for the survey, my questions are as listed below. It will take us a while to get through all of your responses, so please be patient as we absorb more than 532 responses! Thank-you.

Please reply to this email address: replies@firstcapitalsl.com, with ONLY the NUMBER of the comment and please INCLUDE YOUR FULL NAME. For example, if you agree with what is said on line #1, then in the SUBJECT LINE of your return email to us, just put "#1" John Doe. If you agree with #2, then just put "#2 John Doe." If #3, then put "#3 John Doe" in the SUBJECT LINE OF YOUR REPLY EMAIL TO US. Simple.

An automated system will read the subject lines only and then file the responses, so no one will be reading the emails. With that said, please do not bother to include comments because they will not be read. We are doing this to speed up the process for everyone's benefit.

Here is the survey: #1 - I would like to have my principal returned to me, along with any and all gain that is due to me.

#2 - I would like to continue with First Capital S&L after January 5th, 2009. However, I know that the rates will be lowered, across the board to ALL clients, to a 2% MONTHLY return.

#3 - I have been Compounding with First Capital S&L and would like to continue Compounding. I understand that the Compounding rate will be set at 2% monthly come January 5th, 2009 and that my old compounding rates will no longer apply. I understand that my Compounding rate will be set at the 2% monthly rate.

Again, please choose ONLY one of the above statements as a #1, #2, or #3 and simply reply to replies@firstcapitalsl.com with the #1, #2, or #3 AND YOUR FULL NAME IN THE SUBJECT LINE.

Thank you again for your patience,
Jeff Lowrance Chairman First Capital S&L

Invite only - password required

Hiding it didn't work the way it was supposed to. That is why it now requires an invite and password, which I'm sure you noticed as you came to view the blog. It appears that the only thing hiding it did is make it a little more difficult to find via a search engine. It will still be searchable, but not viewable unless I invited you. I did invite Jeff to this blog as well. I believe it has helped him to know exactly what our frustrations are. There are now 80 members.

The blog is now "hidden"

Instead of making this blog private, which means you have to be invited and logged in, it is now hidden from search engines. This means that "everyone can still view your blog but search engines will be instructed not to crawl it." This allows all who know about it to still view it, but no potential clients should be able to find it in their researching of First Capital S&L. Since that seems to be the purpose of making it "private", I think it is a good solution. Please feel free to google it with various search engines and let me know if it is working. If we need to change it to invitation only we will.

There are now two First Capital S&L blogs, this one and www.firstcapitalslprivate.blogspot.com. The purpose of this one is still to allow everyone, including Jeff and his employees, to communicate without serving as an information source to new investors, for now. The private blog is for everyone other than Jeff and his sources to communicate and form a contingency plan for Jan 5th.

Update - better late than never

Dear First Capital S&L Clients,

It has now been a little more than 5 weeks since my last update went out. I did promise to have an update to you after 4 weeks of time, so I am a bit late.

I have been extremely busy with getting this Titanic of a business turned around and going back into the right direction. There is still a lot of work for me to do, but I am back on track and heading the right way.

The first thing that you should know is that I have cut out all other projects and side-tangents so that I can completely devote my time to getting FCSL back to the way it once was. We have 4 great years behind us and I won't see that all go to waste.

I am working to get all of our clients their principal paid back or at least back on track with monthly payments. I say it that way because I have received many, many emails over the last couple of months from clients who do not want us to stop our monthly payment program. They would prefer that we try to pick up from where we left off, if at all possible. I intend to repay/or get monthly payments going again, for all clients, before the January 5th date, if at all possible.

In regards to either paying back all of your principal or starting monthly payments again to our clients; I would like to take a short survey from each one of you to find out what you are thinking. To sort through all of your emails will mean a lot of work for me and my team.

However, I really would like to find out what you are thinking in regards to FCSL returning your principal, verses that of starting monthly payments again. Please watch for a separate email to come to you in regards to that survey. It will be self-explanatory.

Last week, I was ready to send out an update to everyone. Honestly, I would not have had much to say except for the fact that I am still right here in Panama and that I am steadily working towards getting back on track. It was due to be a simple communication to let you know that I am here and that I am doing what it takes to make things right with you.

As for the few investors out there who have been working with my advisor, I assure you that I will make every attempt to return your funds before January 5, 2009 and for the rest of you look forward to the 5th. I will at that time take the steps necessary to return your principal. Once completed, I will send your interest, in full, as soon as is possible.

Thank you for your extreme patience. I just want you to know that I am working 200% to get us back on track again!

Sincerely,
Jeff Lowrance
First Capital S&L

FYI

This is the brief message sent from accounting when a client requested a withdrawal. All of the messages coming out of First Capital Savings and Loan points to Jan. 5th, 2009.

"All wires are on hold until January 5th 2009, as per the last major updated."

USA Tomorrow Update (not acceptable as FCSL update)

Dear Friends and Patriots,

It has now been a little more than 3 full months since USA Tomorrow began distributing back during the summer on the 4th of July. With nearly 100 days under our belt and now several thousand people on our mailing list, we feel that we are ready to take the next few steps towards growing USA Tomorrow into a national newspaper. And in order to become a national newspaper, we will need all the help that we can get!

Frankly speaking, I have been surprised by the positive response that USA Tomorrow has received. Americans across the country have reacted with such great comments, emails and phone calls, that it thrills me to know that there are truly still a LOT of people out there who really do care about our country.

With that in mind, we want to thank all of you for the awesome job that you have done in passing out hundreds of thousands of copies of the USA Tomorrow newspaper. You have delivered them to friends and neighbors in your parts of the country and you are to be congratulated. Thank you again for your help!

Now, after 3 months of learning and growing, we feel that we are prepared to take on 3 new areas of growth. The first is that we are now just days away from being able to start accepting Subscription orders. The second, we have tested the development of our USA Tomorrow Distributorship program and are confident that it is ready to go for a national launch across the country! And third, the USA Tomorrow newspaper is being supported by a financial product that has been paying clients 13.25% - 18.70% annually for more than 4 years straight. We are now making that financial product available to our readers.

In regards to our USA Tomorrow Distributorship program, it is geared to earn our distributors substantial monthly income for those who work at it. If you are a worker, then you will most likely enjoy our distributorship program.

This short email message to you is simply a survey to find out if you would like to hear more about either Subscribing to USA Tomorrow, being a Distributor for us, or if you would like more information regarding our financial product now available to our readers.

Please click the appropriate links below. If you have interest in more than one category, then follow the link for each one, filling out the simple request form and then hitting the word "Finish" for each one.

If you would like more information about Subscribing to USA Tomorrow, Click Here

If you would like more information about being a Distributor of the USA Tomorrow newspaper publication, Click Here.

If you would like more information about our financial product that is paying 13.25% - 18.70% annually, Click Here.

Thank you for your time and let's Grow, Grow, Grow!

Sincerely,
Jeff Lowrance

Publisher - USA Tomorrow