Settlement Announcement and Public Statement

July 14, 2008: Sailor’s Cove, Second Life.
Patrick Leavitt (Leavitt), Izabella Bentham (Bentham), and Tasha Kostolany (Kostolany) are pleased to announce that they have amicably settled all matters and disputes concerning the Second Life regions known as and making up Sailor’s Cove. Leavitt, Bentham, and Kostolany each regret the recent discord between them, the public displays that transpired, and the effect this may have caused to the residents of Sailor’s Cove.

Despite any previous statements, publications or references of any kind by any of the parties, any inferences, allegations or other suggestions that any of the parties engaged in any misconduct whatsoever with respect to the proper care and disposition of Sailor’s Cove funds, or conducted themselves in such a way as to imply, infer, suggest or otherwise allege that Leavitt, Bentham or Kostolany engaged in any wrongdoing with respect to the management of Sailor’s Cove, let it be known that all parties retract, withdraw and otherwise disclaim any and all such statements. Further, all of the parties recognize that any disparaging remarks that may have been made were solely borne of the frustrations of the moment and apologize to each other for any suggestion that may have cast doubt on the other’s integrity. Leavitt, Bentham and Kostolany also sincerely apologize to all of the good residents and users of Sailor’s Cove for any imposition this now settled controversy may have caused.

Bentham and Kostolany have spent thousands of hours over the past year and half to make Sailor’s Cove the best sailing region in Second Life. In recognition of their hard work, Leavitt has compensated Bentham and Kostolany for their contributions to Sailor’s Cove, and Bentham and Kostolany have decided to pursue other opportunities within Second Life. Effective immediately, Bentham and Kostolany are no longer associated with Sailor’s Cove Management, and Leavitt wishes them well in their future endeavors.