Fortress Drop HLS

5/10/09

Contact New Financial Target – Progress Funding

Following our last email action alert against the Fortress Investment Group, we are delighted to announce that they are now de-investing in HLS, and have cancelled future financial commitments. Whilst the full ramifications of this have yet to be seen, this is a massive blow for HLS. We are now focusing on the other branch of their 2006 loan.

This loan was given by two companies - the first loan of $30m was provided through front companies by Fortress. Of course we tracked them down and they have now deinvested. The second loan comes from Progress Funding, part of a
New York based realtor company.

We are calling on them to cut all ties with Huntingdon Life Sciences and call in the loan with immediate effect.

For more information about Huntingdon's financials please visit
http://www.shac.net/action/financial

SAMPLE LETTER

Dear Sir/Madam

I am writing to you in relation to a $40 million loan that has been made to Huntingdon Life Sciences (HLS) by Progress Funding. Without this loan HLS could not remain open and therefore progress are in large part responsible for the cruel and violent actions going on inside HLS.

HLS have a long history of violence; they were most famously exposed in 1997 when channel 4 TV filmed workers punching beagle puppies in the face. In 2005 ex workers spoke out about cruelty they had witnessed and in 2008 Animal Defenders International went undercover inside HLS exposing cruel primate experiments and disgusting conditions. HLS also have a track record of law breaking and manipulation of data. During just one primate study, HLS broke the law 526 times; and workers have been caught taking drugs and drinking on site.

HLS' financials are in a dire state, and there is a high risk that HLS would fail to make its loan repayments to you, you may already be aware that they have failed to meet loan commitments during 2009. This is due to a significant loss in custom and terrible share price, on top of this many of their shareholders are filing class action lawsuits against HLS after HLS' board of directors accepted CEO Andrew Baker's offer to buy out the failing company for a very low price of $8.50 a share.

Please don't just take my word for it, if you want to see the state HLS are in please read the Plymouth Report which HLS recently filed with the SEC:
www.sec.gov/Archives/edgar/data/1158833/000115883309000045/exhibit99.html
I am urging you to explore all get out clauses in this loan and reel it in. I also urge you to raise these issues with everyone you can within the company and do everything in your power to halt your support of Huntingdon Life Sciences. Please raise this issue at any meetings you attend, and let all your colleagues know about HLS.

For further information, please visit: www.shac.net

Yours faithfully

[YOUR NAME]

CONTACTS:

Mostafisur Rahman Prince (owner)
prince@progressrealty.com

puran@progressrealty.com
shak@progressrealty.com
shaka66@yahoo.com
careers@progressrealty.com

All emails in this alert

prince@progressrealty.com, puran@progressrealty.com, shak@progressrealty.com,
shaka66@yahoo.com, careers@progressrealty.com

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Disclaimer and Information:

The details in this action alert are provided for information purposes only, and should not be used for any illegal activities as defined by the jurisdiction you live in. SHAC does not support or encourage any form of harassment; nothing in this alert has the purpose of inciting such behaviour, and we request that all communications are kept polite.

To join, amend or unsubscribe to the SHAC email alerts, go to:
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Any problems, please contact us at: info@shac.net

For general information on the campaign to close Huntingdon Life Science, please visit our website www.shac.net

From Dusk 'til Dawn
An Insider's View of the Growth of the Animal Liberation Movement

© Keith Mann
puppypincher@yahoo.co.uk