Settlement for the Old 12DailyPro Coming Soon?

I recently received this e-mail on the case against the former famous 12dailyPro. Is this the case coming to the end?Are the investors getting paid soon? See the quote from the email:

NOTICE OF HEARING ON FIRST INTERIM FEE APPLICATIONS OF RECEIVER AND HIS PROFESSIONALS

PLEASE TAKE NOTICE that on October 23, 2006, at 10:00 a.m., before the Honorable Stephen G. Larson, in Courtroom No. 1 of the United States District Court for the Central District of California, Eastern Division, located at 3470 Twelfth Street, Riverside, California 92501, Thomas F. Lennon ("Receiver") will move the Court for an Order approving the first interim fee applications of the Receiver and his professionals, Allen Matkins Leck Gamble Mallory & Natsis LLP ("Allen Matkins"), counsel to the Receiver; William H. Ling, CPA ("Ling"), accountant to the Receiver; Poyner & Spruill, LLP, local counsel to the Receiver, and Investigative Technologies LLC ("ITL"), information and technology consultant to the Receiver. Detailed fee applications are on file with the Court. If you were served only with a copy of this Notice of Hearing, you may obtain copies of the applications and supporting papers from the Clerk of the Court, or by requesting them in writing from counsel for the Receiver, or by accessing the Receiver's website at www.tlennonfor12dailypro.com. The Receiver and his professionals request approval of the following fees and expenses:

APPLICANT	FEES	EXPENSES	TOTAL
Thomas F. Lennon	$213,154.50	$871.29	$214,025.79
Allen Matkins	$154,927.50	$4,714.55	$159,642.05
William H. Ling, CPA	$8,692.50	$124.81	$8,817.31
Poyner & Spruill, LLP	$11,362.00	$79.42	$11,441.42
Investigative Technologies LLC	$222,787.50	$20,559.08	$243,346.58
Total	$610,924.00	$26,349.15	$637,273.15

The Receiver and his professionals are requesting that an interim payment of 80% of the requested fees and 100% of the requested expenses be authorized on the current applications. The fees and expenses are requested pursuant to the order appointing the Receiver, which provides that the Receiver may employ professionals and that the Receiver's expenses and those of his professionals are to be paid from the assets of the defendants upon application to the Court. The fees and expenses of the Receiver and his professionals are requested only on an interim basis; the final determination of the ultimate allowable amount of fees and expenses to be paid to the Receiver and his professionals will take place at a final fee application hearing at the end of the case.

Procedural Requirements. If you oppose the application, you should consult, among other authorities, the Local district Court Rules for the applicable procedural requirements. Your opposition papers must be filed with the Clerk of the United States District Court for the Central District of California, Eastern Division, 3470 Twelfth Street , Riverside , California 92501 , and served on the undersigned not later than fourteen (14) days before the hearing.

This application is based upon the Notice of Hearing, the first Interim Fee Application of Thomas F. Lennon, the First Interim Fee Application of Allen Matkins, the First Interim Fee Application of Ling, the First Interim Fee Application of Poyner & Spruill, LLP, the First Interim Fee Application of ITL, the Declaration of Thomas F. Lennon in Support of the Applications, and the pleadings and filings previously made in this case.

Dated: September 28, 2006

Loraine L. Pedowitz, Esq.

Allen Matkins Leck Gamble Mallory & Natsis LLP

501 West Broadway, 15th Floor

San Diego, California 92101-3541

Attorneys for Receiver Thomas F. Lennon