As mentioned below all activities with Advisorcorp, John Falting, Bob Pritchard have been terminated. However, it has come to our attention that funds have and are still being collected by Advisorcorp supposedly on behalf of Genesis Energy Pty Ltd. We strongly suggest the following:

• Do not under any circumstances provide any funds to Advisorcorp, or anyone representing them with regards to Genesis Energy Pty Ltd (Australia)
• Contact your local financial authorities, to confirm their licensing and report their activities
• Seek legal advise if appropriate

NO FUNDS have ever been received by Genesis Energy Pty Ltd (Australia), nor has any documentation ever been supplied from Advisorcorp on any funds having been raised.

If you have provided funds, please send any documentation to our email, and your authorities. Please ensure you leave the correct contact details. We will be in touch.

All activities with Advisorcorp have been terminated on the basis of lack of performance. Genesis is seeking alternative funding for the proposed aquistitions.

Genesis Energy's is currently undertaking due diligence on an exceptional opportunity in Kentucky will proven reserves with current production. It is envisaged to make a final decision by the end of August, in line with our public listing announce previously.
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Genesis Energy's is pleased to announce the appointment of Advisorcorp Ltd to facilitate the listing of our company onto the Frankfurt Stock Exchange. "This stage in our journey is particularly exciting and will give us the necessary capital to develop our existing fields and source new opportunities as they arise, whilst prices are strong" Marco Bragagnolo CEO. The ticker symbol for Frankfurt will be released in the 3rd quarter of 2011.

One of Genesis Energy's existing relationships was with Sterling Energy. Sterling was instrumental in getting the company's first funds placed and managed. Due to a change of business direction Sterling Energy informed the Board and as a result it was mutually agreed that the existing business relationship was to end. Over the next few months all dealings with Sterling will be brought to a conclusion. In moving forward, one of the decisions made was too no longer have exclusive arrangements with any one supplier or management company.

Revenue from the sale of Oil production has been received, back dating 4 months. From here on, the revenue will be monthly. The company shows a gross profit from February on a month to month basis. Meeting the boards expectations that the company model is a profitable one.

Genesis is pleased to announce that the funds raised have been placed and we are confident in the assets acquired. further announcements will be made in due course.

Have you noticed that in a matter of 48 hours oil has spiked up past US$70 a barrel and natural gas is up past a whopping US$12.00 per mcf!!  This is confirmed with the futures of the commodities too.  This latest spike in price is a direct result of hurricane Katrina off the coast of Louisiana and it looks like it will hit the mouth of the Mississippi River and push a wall of 20 feet of water through New Orleans. 

New Orleans has been evacuated and most of the oil rigs and refineries in the path of the Hurricane in the Gulf of Mexico have been shut down.  Now what’s important to note is the supply and demand of energy – one hurricane in one part of the USA can jump oil and gas prices $3-4 dollars almost overnight!  It shows you how fragile the supply of oil is.  I would expect that something like this will happen once the world finally figures out that supply cannot keep up with demand.  You could expect to see oil and gas prices spike upwards very quickly and stay there just like there was a hurricane off the coast of Louisiana except this hurricane will not end. 

What is interesting about this hurricane is that the futures prices are very high too telling us that the market seems to think that due to the intensity of the hurricane that energy prices will remain strong for many months and the time to recovery will be very long.