From: Dane Spotts, CEO

RE: PSI TECH's $100,000 TRV Counter Challenge

Dear Mr. Randi,

I was recently informed that you wish to challenge PSI TECH with your so-called million dollar offer. If your offer were genuine, I would be happy to accept it on behalf of PSI TECH and our group of professional remote viewers. We have been at this for more than a decade and have a body of work that demonstrates proof positive that humans possess psychic functioning and that it can be trained.

Over the last few weeks you have sent us several of your nasty emails to egg us on and get us to accept your psychic challenge. It is obvious to any intelligent person that your entire challenge is just a publicity stunt. However, if you are willing to put your money where your mouth is, I will be happy to take it from you.

In fact, I am so confident in our technology that teaches any human being to access and develop their natural psychic functioning, that I will pay you if we fail the test. Yes, you heard me right. PSI TECH will pay you $100,000.00 cash if we fail to prove that Technical Remote Viewing works.

Here are the basic terms of the deal should you choose to accept the $100,000.00 PSI TECH counter-challenge.

1) PSI TECH will deposit $100,000.00 cash (loser's fee) into an escrow account. You deposit your one-million.

2) We agree to a time frame of 30 days for the trial from the point a blind target is selected.

3) A panel of 3 judges will be selected prior to the trial and the judges would be mutually agreed on. The judges would be persons not personally known to either of the parties and to insure impartiality, we will use retired Superior Court judges from the United States legal system.

4) The judges will select a blind target from a blind target pool. The target will be identified by 8 numbers only. This way, even the judges will not know what the target is until after the target envelope is opened. A true double-blind test.

5) The judges, by majority vote, must agree that the data submitted by PSI TECH matches the blind target with enough accuracy so that any reasonable person would have to concur that psychic functioning does exist. The judges' decision is final, and the losing party will immediately forfeit the money put into escrow. In other words you will lose your million dollars if the judges determine that PSI TECH has accurately described the target.

I spoke with my legal representatives earlier today about this, and they are prepared to draw up the necessary contracts and escrow instructions if YOU will accept the PSI TECH counter challenge as delineated above.

I will give you 30 days to accept, or my counter challenge offer will be withdrawn.

Sincerely yours,