OLINT Silent

According to Nationwide News of July 11, 2008, sources at OLINT had indicated that OLINT would issue a statement the current situation on July 12, 2008.  At the end of day, July 12, 2008, no statement has been forthcoming and no one knows the status of funds to be wired.

It should be noted that Nationwide News, bombarded with calls from worried investors, indicated that they tried to contact David Smith and Wayne Smith and where unsuccessful, so they were not able to confirm what the sources at OLINT were saying. It appears that the ‘source’ got it wrong. What this means is that since OLINT issued a response to the NFA story involving I-TRADE FX, there has been no further official written correspondence from OLINT.