09131041231, 07049485922

VOLTAC GLOBAL
CAPITAL LIMITED admin@voltacglobalcapital.com
RC 1672236

IPU road, Anfani building opposite old P&G

Oluyole Ibadan

Dear Investors,

VOLTAC GLOBAL CAPITAL LIMITED sincerely appreciates your trust and

love towards us since we began. More importantly, we appreciate your
patience during the audit process, which began earlier this month and
resulted in the halting of all business activities in the Money Market arm of the
organization. The audit and other measures implemented in March were
carried out to safeguard the interest of our investors and their funds and be in
good standing with the governmental laws and regulations of Nigeria. Please
be informed that the audit is still ongoing.

The VGC Money Market sector revolves around highly profitable yet volatile
trades and top-notch management and diversification of funds in the money
market. This is how the 20% monthly return on Investment is being
generated. However, some underlying circumstances led to irregularities in
the system recently.

1. Due to the panic created by the Federal Government's policy on the crypto-
currency ban, the majority of our disposable funds (from money market
trading) were drastically affected in February. This led to a significant shift in
procedures as emergency withdrawals by investors in a panic state had to be
satisfied, even as the agreement in the ICAs was breached.
2. To curb all the irregularities that arose from the issue mentioned earlier, an
internal audit had to be conducted to evaluate its effects on the Company,
ensure compliance to policy, and ascertain that everything was in order.

3. To surmount the overwhelming state of panic withdrawals, our major trader,

in the person of Mr. Joshua Kayode, the CEO and Founder of
QUINTESSENTIAL INVESTMENT COMPANY, who traded a major share of
the Company's investment, was required to remit to the Company as of
March. However, the trader has failed to remit the Company's fund back to the
company coffers on the premises of funds mismanagement and adverse
government regulations. This highly impaired our capacity to meet up with our
obligations as a company.

4. We discovered the following through the audit exercise;

• A sum of money was given to Mr. Joshua Kayode to trade with. This trade
was supposed to yield about four million dollar.
• Mr. Joshua Kayode has “failed” to pay back this sum of money.
• He admitted and signed an agreement to pay back a part of it.
• As of today, He has not paid the money.
• We have written a petition to the EFCC, and we have an acknowledged copy
of that petition which can be provided on request.

5. Also, in March, in which the audit was ongoing, certain investors, for
whatever reasons, have obtained the courts' order to freeze the Company's
account, and this automatically halts all possible transactions that the
Company could have carried out.
6. We regret to announce that the Company has recorded a huge financial
loss based on the above reasons.
We want you to know that the Company is working assiduously to salvage the
situation by:
• R e c o v e r i n g t h e M o n e y f r o m M r. J o s h u a K a y o d e C E O o f
QUINTESSENTIALS INVESTMENT LIMITED.
• Funds from other legitimate sources.

7. An all investor meeting is being planned, and the date would be

communicated as soon as logistics are concluded.

As stated in the ICA in clause 5 under Dispute Resolution, "Parties hereby

agree that any dispute that may arise under this agreement will be resolved
through mediation by a mediator to be appointed by the chairman of the
Institute of Chartered Mediators and Conciliators, Lagos State chapter." The
Company is ready to Mediate with anyone who cannot wait till the crisis is
resolved.

NB: There is also a petition with the Nigerian Police Force on the foregoing.

VOLTAC GLOBAL CAPITAL Limited, due to this, apologies for any

inconveniences this may have caused, and we solicit your patience and
understanding at this critical point.
Thank You.

Signed:
MANAGEMENT