Global Online Direct, Inc.

Michael A. Grassmueck, Receiver for Global Online Direct, Inc.

June 25, 2007 To All Investors and Creditors Re:Securities and Exchange Commission v. Global Online Direct, Inc.; Bryant E. Behrmann; and Larry "Buck" Hunter, United States District Court, Northern District of Georgia, Atlanta Division, Civil Action No. 1:07-CV-0767-WSD Dear Investors/Creditors: On June 4, 2007, the United States District Court for the Northern District of Georgia, Atlanta Division (the "District Court") appointed me as Receiver to take control of Global Online Direct, Inc., and their subsidiaries and affiliates (collectively, the "Global"). Based on the District Court's Orders, all assets of Global and Defendants Bryant E. Behrmann ("Behrmann") and Larry "Buck" E. Hunter ("Hunter") (collectively, "Defendants") and their subsidiaries and affiliates are frozen and all actions against Defendants, including but not limited to any effort to enforce claims through self-help or other means are expressly prohibited without prior approval of District Court. In other words, claims against Global, Behrmann, Hunter or their subsidiaries or affiliates and efforts to take possession of or to assert a lien interest in the property of these entities is prohibited. Prior to my appointment as Receiver, on June 4, 2007, the United States Securities and Exchange Commission (the "Commission") filed a lawsuit in the District Court against the Defendants. In its lawsuit, the Commission alleged that the Defendants had been conducting an investment scheme from 2005 through the present in which they engaged in the unlawful sale of securities to investors raising more than $15,000,000 from 8,000 investors. Among other things, the Commission alleged that the Defendants promised annual returns of more than 1103% on investments over $10,000. On April 5, 2007, the District Court granted its Order Granting Preliminary Injunction and Ordering Other Ancillary Relief ("April 5, 2007 Order"), enjoining Defendants from violating Sections 5(a) and 5(c) of the Securities Act of 1933 ("Securities Act"). On June 4, 2007, the District Court modified certain provisions of the April 5, 2007 Order, granted an order appointing me as a Receiver for Defendants, freezing all their assets, ordering other ancillary Relief and prohibiting further fraudulent activities alleged in the Commission's complaint ("Order"). As the Receiver, one of my principal responsibilities is to locate, recover and preserve the assets of the Defendants and their subsidiaries and affiliates. Accordingly, my initial work has been focused on the marshaling of assets, analysis of the books and records of the Defendants and the evaluation of the alleged business operations. At this time, I have made no recommendations to the District Court as to whether Global can or should be operated or liquidated. Before any steps are taken to sell or liquidate the Defendants or their assets, notice will be provided to creditors and investors and I will seek Court approval. Following the guidelines set forth in the Order and local court rules, in a few weeks I shall file an inventory report with the District Court and a copy of that inventory report will be found in the records of the United States District Court as well as on the website for Global located at http://www.grassmueckgroup.com/global_online.php. We are in the process of evaluating the assets described in this inventory. Given the status of the District Court proceedings as well as the Receiver's investigation, I am not in a position to make an estimate as to the timing or the amount that may ultimately be distributed to creditors and investors, if any. If assets are discovered that will yield a return to investors or creditors, you may receive notice of the claims procedures, the date for filing claims and any District Court hearing regarding the Receiver's distribution plans. Again, it is too soon to estimate whether such process will be warranted or the timing of such process. In the meantime, you will receive periodic updates regarding the status of this matter. However, please note that the cost of such communication is extraordinary in light of the fact that there may be in excess of 8,000 creditors and investors worldwide. Given the cost associated with such mailings, we will only advise you of significant matters that affect your interests and such communications may be limited to email postings and updates on our website. I would encourage you to follow the case by using the website established for Global, or to review the records at the District Court. To facilitate this, we will post significant pleadings and other updates on this website. In order to facilitate communication, I will be holding conference calls starting this week. Due to the number of callers expected and the limitations of technology, there will not be any opportunity to ask questions and each call will be limited to the first 1000 callers. If the line is busy when you call, please call back at a later time. Note that each of the calls below will discuss the same information and therefore it is not necessary to attend more than one call. All call times are listed in Pacific-Standard time and use United States phone numbers. If you are calling from out of the country, it will be necessary to first dial the country code (011). Day Time (Pacific DaylightTime) Call In Number Passcode June 27, 2007 9:00 AM (PDT) 605-772-3500 484409305# June 27, 2007 9:30 AM (PDT) 605-772-3500 431677189# June 28, 2007 1:00 PM (PDT) 605-772-3500 485180054# June 28, 2007 1:30 PM (PDT) 605-772-3500 470863308# July 2, 2007 3:30 PM (PDT) 605-772-3500 496003722# July 2, 2007 4:00 PM (PDT) 605-772-3500 423454588# July 3, 2007 9:00 AM (PDT) 605-772-3500 464370468# July 3, 2007 9:30 AM (PDT) 605-772-3500 456357385# If you have any questions after the conference call, please email them to the address listed below. We will use the questions as the basis for a second round of conference calls to answer the most commonly asked questions. Sincerely, Michael A. Grassmueck Receiver P.O. Box 3649, Portland, Oregon 97208-3649

global@grassmueckgroup.com • Grassmueck Group

Paid by Private I and Received Check from CEPT

Today. I received payment from Private I and got a check from CEPT for my COF payment. What a great way to start a weekend. =)

Your account (C40376) at e-Bullion(R) has been updated with the following deposit:

Transaction ID: A7733xxxx-MTF
Account From: Cxxxxx
Date: Sat, 02 Jun 2007 01:28:53 (GMT)
Amount: USD$ 688.51 of e-Currency USD
Transaction Type: ATIP - Transfer Received
New Balance for e-Currency USD: USD$ 688.51

AsianPay and Thailand Gold Exchange, great alternative to snapgold and sg exchanger

Found a much better way of selling my e-bullion (not using e-gold now with all the commotion that's going on) with Thailand Gold Exchange (TGE) and AsianPay (AP). Requested my payment on Sat from Thailand Gold Exchange and got paid into AsianPay the next day. Requested my bank deposit into my POSB account on Sun and got it on Tue. The rates were according to the bank rates. Of course there were some transaction charges but was overall much better than the rates snapgold and sg exchanger.

I did a withdrawal of $183.05 from my e-bullion account. TGE charged me $4.051 so I had $178.999 in my AP account. AP charged me $5.73 and I had $173.26 transferred to my POSB account. I got a total of S$263.44 which means the rate is 1.520 (rate of bank).

IMPORTANT UPDATE ON COF

This is the latest update on COF Payouts.

Basically, Cayman is on a business trip overseas & will be back by June 14th. He reassured that everyone will get paid. What he wants to do after he's back is to start paying everyone their principle back (including your compounded principle which's the current principle not yr original principle) less any payouts that has been made, that way at least some of you will still get your $$$ back. After that, he intends to pay EVERY QUARTER around 15% on your original principle until you made some good profits.

Due to some unforseen circumstances beyond his control, certain offline & online investments didnt actually deliver what he expected (alot of reasons behind too complicated to explain right now) & hence partly of the long delayed in the payouts. But dont worry, he assured that NOONE will lose a cent in COF & he'll be liquidating some of his assets & will expect the refund of the principle to everyone completed within 90-120 days after he returns.

The method of payment will be either US accounts, Australian accounts, ceptrust & debit card (still looking into it).

Thank you everyone in advance for your patience!

P/S: Please DO NOT talk trash in the MMG thread as Cayman will be monitoring it & it's up to his discretion whether you'll be paid back or not.

Paid by Private I

Received payment from Private I program. It's really a shame if you haven't sign up with this program yet.

Your account (Cxxxxx at e-Bullion(R) has been updated with the following deposit:

Transaction ID: A2315xxxx-MTF
Account From: Cxxxx
Date: Sat, 26 May 2007 01:18:35 (GMT)
Amount: USD$ 183.05 of e-Currency USD
Transaction Type: ATIP - Transfer Received
New Balance for e-Currency USD: USD$ 183.06

Paid by COF

Got paid from COF for one of my three pendings for 25 Apr.

This is a receipt for funds received at CEP Trust.

Your Account: 100xxxxx (Chin Han)
From Account: 1000xxxxx (Cayman - Level 3)
Amount: $200.00
Date: 05-16-2007 7:53:37

Thank you,

CEP Trust, LLC Staff


If you want your cashout to come out fast, need to send your CEP Trust Account # the sooner the better to Calvin at payouts@chariots-of-fire.net

Please open CEPTrust account or resubmit it to Calvin using this e-mail address:
payouts@chariots-of-fire.net

Write your account number and your MMG name.

After that please kindly post here when you get paid.

Special plan will be cleared in the end.

After that, Nabil will pay out when he gets money, but he wants to do is asap in order to restart Chariots of Fire.

Richard.

Paid by DesertSkyMarketing

Got paid by DSM. Dustin is really a great and honest admin who really managed to recover from a closure.

5/13/2007 23:32 Payment Received 8065xxxx Gold +0.112386 3610973 75.49 USD 671.70
From: DesertSky Marketing Merchant Reference #: 2007-05-13 18:27:48 batch
Memo: DesertSky Marketing Payment - April 20

Paid by Private I

4/30/2007 00:52 Payment Received 8004xxxx Gold +0.299686 174xxxx 204.18 USD 681.30
From: xxxx Reference #: 9475282xxxxx
Memo: xrevenue / PFs ,1,3,4,5 / $222.90 less wd fee

Paid by Private I, Private II and Surf-Down-Under

Paid by all these programs. Think I can survive with just these programs for a while... =) Have been considering EBL, Life Holdings and Infinity Shares as well. Will read up a bit more and then recommend.

4/9/2007 00:17 Payment Received 7898xxxx Gold +0.066161 428xxxx 44.52 USD 672.90
From: xxxx (Private II)
Memo: Withdrawal to xrevenue from xxxx

4/11/2007 00:23 Payment Received 7909xxxx Gold +0.004691 428xxxx 3.18 USD 677.85
From: xxxx (Private II)
Memo: Withdrawal to xrevenue from xxxx

4/15/2007 23:55 Payment Received 7932xxxx Gold +0.064936 428xxxx 44.52 USD 685.60
From: xxxx (Private II)
Memo: Withdrawal to xrevenue from xxxx

4/17/2007 22:35 Payment Received 7943xxxx Gold +0.004629 428xxxx 3.18 USD 686.90
From: xxxx (Private II)
Memo: Withdrawal to xrevenue from xxxx

4/18/2007 15:29 Payment Received 7947xxxx Gold +0.158353 174xxxx 109.06 USD 688.70
From: Private I Merchant Reference #: xxxxx
Memo: xrevenue / PF#s ,2 / $117.90 less wd fee

4/18/2007 15:52 Payment Received 7947xxxx Gold +0.043988 72xxxx 30.33 USD 689.50
From: MDU/SDU
Memo: SDU -3.5% fee to xxxxx #ID 4456

DesertSky Marketing - Cashout received

At least Dustin did not fail us. He managed to pay us out. I'm truly impressed by his honesty in this.

4/7/2007 17:57 Payment Received 7893xxxx Gold +0.140211 361xxxx 94.53 USD 674.20
From: DesertSky Marketing Merchant Reference #: 2007-04-07 12:56:59 batch
Memo: DesertSky Marketing Payment from 03-23 Cashout