Ash Offshore Fund, Ltd.

The Cayman Islands Monetary Authority wishes to advise that the following mutual funds have either been struck off the Companies Register of the General Registry or dissolved. However, they failed to satisfy the Authority's termination requirements. Effective 15th January 2010, the named funds have been removed from the Authority's register.

A Colorado-based financial institution that promotes itself as the first ‘offshore bank' in the United States is living up to its billing - by becoming involved in controversy. American International Holding LLC, d.b.a. American International Depository & Trust, has only been in business since 2003 but has already been sued twice at U. S. federal courts.