Hpr Commodities, LLC (“Hpr”) wishes to clarify that no enforcement action has been taken, or is being considered, against the legitimate energy trading firm of Hpr Commodities, LLC, of One North End Avenue, New York, NY 10282 USA.

The firm wishes to commend the Australian Securities and Investment Commission (“ASIC”) on their recent enforcement action taken in the Federal Court in Melbourne, wherein ASIC obtained a Court Order freezing $3.9 million dollars of funds in several Australian banks. This Order may be a significant blow against a ring of international criminals, who stole Hpr's good name in order to solicit Australian residents via ans371.websitewelcome.com telephone “cold-calling” scheme.

ASIC has taken enforcement action against criminals who falsely used the name of Hpr Commodities, LLC to defraud Australian investors, as described in ASIC Media Release 06-408. These criminals had no connection to the real Hpr Commodities, LLC, a U.S. firm which is a member in good standing of the New York Mercantile Exchange (“NYMEX”). In fact, it is believed that, prior to stealing the name of Hpr Commodities, LLC, the same criminals also stole the names of Vitol Capital Management, Ltd. and York Commodities, Inc., both respected members in good standing of the NYMEX.

Hpr has been informed that the actual company names of the firms that opened offshore bank accounts to accept funds from Australian investors were “Capital Marketing Services” in Hong Kong, “AM Global Management” in Kuala Lumpur, and “Online Trading” in Kuala Lumpur.

Assistance Provided To Australian Investors and International Authorities

Hpr Commodities, LLC, has, in fact, provided critical assistance to Australian Investors
and to investigators from agencies in several nations in efforts to dismantle the criminal enterprise that defrauded Australian investors.

After learning of a fake website set up using the firm's name, Hpr engaged The Gables Group, Inc., an international investigative consultancy with significant worldwide experience combating organized criminal enterprises. The firm was tasked with the roles of stopping the use of the name Hpr Commodities, and warning investors worldwide of the dangerous scheme.

Finally, the list of legitimate member firms of one of the world's most successful derivatives exchanges was illegally copied from a copyrighted website, and utilized in an attempt to enhance the “legitimacy” claimed by the criminal offenders.

Fighting The Criminals And Warning Investors

To combat the fraudulent scheme, Hpr's investigators posted warnings to investors at a new website created solely for that purpose. Ads were placed with a major Internet search engine in an attempt to draw the attention of any potential investor who might be conducting an Internet search. Strong notices were sent to web hosting companies found to be hosting the fraudulent sites, and websites hosted in Italy, Ireland, Romania and Switzerland were removed from the Internet.

Jorge Foch, President of The Gables Group, observed that the normally painstaking process of learning the criminals' modus operandi was made far easier by a September, 2006 U.S. Government action filed in response to the theft of another legitimate firm's name. Mr. Foch explained that “this action, prosecuted by the Division of Enforcement of the Commodity Futures Trading Commission (“CFTC”), significantly expedited our ability to warn the public and knock down the fraudulent websites that had stolen the HPR name”.

The most satisfying part of the attack on the fraudulent operation, according to those responsible, were the messages of thanks received from Australian residents who took immediate action as a result of the posted warnings. Sevns371.websitewelcome.comeral investors saw the warnings and did not follow through with planned bank wires to the offenders. Others, who had already “invested” as a result of the fraud, saw the warnings just before they were planning to pour more money into their “trading”. Most surprisingly, several investors were able to reverse or recall bank wires that had already been transmitted. “Hearing from people who did not lose their money (or cut their losses significantly) as a result of our educational campaign is a great reward for our firm, and for our client”, Mr. Foch noted.

More Information Is Available To Assist Investors Defrauded By The Criminal Scheme

Hpr Commodities, LLC and The Gables Group would like to remind investors worldwide that more information, including links to ASIC and CFTC press releases, and important contact information for reporting any and all contacts with the criminal offenders, can be found at our warning website at www.hprcommodities.net.

For further information contact:

The Gables Group, Inc.

Phone: +1.305.604.9481

Fax:+1.212.202.6229

e-mail: info@gablesgroup.com

IMPORTANT INFORMATION FOR THE PUBLIC

HPR Commodities LLC never calls or e-mails any member of the public. 

There is NO such exchange as NYPOE

• If you receive a telephone solicitation from anyone claiming to represent Hpr Commodities, please hang up the phone immediately.

• Note: it is easy to send an e-mail with a false address; so do not assume that an e-mail comes from a specific person or company just because it has their e-mail address on it

• In the Untited States, the Commodity Futures Trading Commission ("CFTC") is the government entity that regulates futures and options markets. Their website at www.cftc.gov details their mission and provides information to the public

• The CFTC has a specific advisory at :

HPR Commodities LLC

 never calls or e-mails any member of the public.