August 28, 2015
2015年8月28日
Dear partners and investors,
親愛的合作夥伴與投資人:
First, the company would like to acknowledge the complaint filed by the Securities and Exchange Commission against Path America. Secondly, we want to assure you that your investment is safe and intact, and your green card application is not in jeopardy as a result the actions of the SEC. Thirdly, we want you to know that we will be seeking to show that we did not defraud our investors as the SEC alleges.
首先,公司確認美國證券交易委員會向美國之路和達奇置業提起訴訟。其次,我們向您承諾您的投資安全無損,您的綠卡申請未受到SEC調查影響。最後,我們想讓您知道我們將力求證明我們沒有像 SEC所稱欺詐投資人。
It has been a difficult time for us here at Path America, and we can only imagine the alarm with which you, a valued investor, may have greeted our unwelcomed news earlier this week. But be assured we have retained expert legal counsel, Orrick Herrington & Sutcliffe lawyers Dan Dunne and George Greer, who are working as quickly as possible to resolve the matter.
對美國之路來說這是一個艱難的時刻,我們可以想像對您,尊貴的投資人,在這周早些時候聽到這個不受歡迎新聞的時候的震驚。但是請放心我們已經聘請了專業法律顧問Orrick Herrington & Sutcliffe的Dan Dunne和George Greer, 他們正在以最快速度解決這個問題。
By way of background, we had no notice that the SEC was investigating us until this past Monday. We will be fully disclosing to the SEC all financial documentation related to our development projects in Everett and Seattle, Washington. We are confident that, after it completes its own thorough review, the SEC will conclude that the company made appropriate disclosures to our investors.
作為這件事情的背景,我們在本周一之前並不知道SEC正在調查我們。我們將向SEC提交我們位於華盛頓州艾佛雷特和西雅圖項目的全部財務資料。我們確信SEC在全面審閱以後會得出公司向投資人做出了合理的披露的結論。
As we seek to fully cooperate with the SEC, our goal is to ensure that our ongoing development projects go forward and that our investors』 interests are protected. Construction of our Pagoda Village Everett project has not been affected, and is ongoing. The Seattle Tower Project is in the excavation stage, and excavation activity has been continuing. It is important to note that our project capitalization flows from a variety of streams, including private equity, debt financing and EB-5 funds. We have been in contact with our loan provider since we learned of the SEC investigation, and our provider has reaffirmed its commitment to us. Our projects remain fully capitalized, and the jobs estimated for these projects will be created.
在我們尋求全面和SEC合作的同時,我們的目的是確保我們建築項目繼續進展以及投資人利益得到保護。艾佛雷特博格達項目的建設未受影響,仍在繼續。西雅圖大廈項目正在大規模挖掘階段,挖掘工作繼續進行。我們項目很重要的一點是項目資金來源多樣,包括私募股權,貸款和EB-5資金。我們得知SEC調查以後和我們的貸款人取得聯繫,貸款人重申了對我們的支持。我們的項目依然資金充足,項目預計所能創造的工作將被如數創造。
While the company was as surprised as you were upon hearing the news of the SEC’s complaint against Path America, we do wish to extend our sincerest apologies to you for any worry this episode may have caused you.
儘管公司在聽到SEC對美國之路的起訴後和您一樣震驚,我們非常希望為這件事給您帶來的擔心表達誠摯歉意。
Sincerely,
此致
敬禮
Path America
美國之路