On January 11, 2010, we received the following confirmation letters
from Counsel in Washington, D.C.:

RE: U.S. Patent Application No. 12/644,970 filed December 22, 2009

“In accordance with your instructions, we filed the
above-referenced application with the U.S. Patent and Trademark
Office on December 22, 2009. This application claims the benefit of
U.S. provisional application no. 61/139,809, which was filed on
December 22, 2008. We have received confirmation that the
application has been assigned Application No. 12/644,970.”

RE: New International (PCT) Application
Filed: December 22, 2009
Corresponding to U.S. Application No. 61/139,809

“We have received confirmation that the application has been
assigned International Application No. PCT/US2009/069276″

In the next few weeks, all necessary legal documents signed by the
five principal inventors of the SportsRiskIndex® (Systems and
Methods for Risk Management of Sports-Associated Businesses) will
be forwarded through counsel in Washington, D.C. to the United
States Patent and Trademark Office and associated U.S. and
International entities responsible for prosecution. That will
complete this sequence.

The next expected action will be the publication of our
applications. This is expected to take place during the Summer of
2010. At this point, the SportsRiskIndex® will be publicly
disclosed and searchable online. Legal and binding settlement of
valid AllSportsMarket® accounts via vesting in the invention will
take place after this publication.

We continue to receive and field investment leads as they come in.
As the overall world economic climate improves across 2010 and
after publication of our U.S. Patent and International PCT
applications, we expect our prospects to secure completion
financing to improve substantially. The internal core team is fully
dedicated to seeing this development through to full implementation
on the global financial markets thereby birthing an entirely new
industry and securing a handsome hard-earned return to our

Submitted this 30th day of January, 2010.

Chris P. Rabalais
Acting President/C.E.O.
Crystal World Holdings, Inc.
Crystal World Markets, L.L.C.
1701 Pennsylvania Avenue N.W. Suite 300
Washington, DC 20006
202.580.6559 Fax