The Proxy Statement was put in the mail today. A copy of the entire package is attached to this e-mail. It will be important that you all talk to the shareholders to obtain their support and their proxies. Getting 66 2/3% of all authorized shares (2067) is sometimes a challenge.
With respect to Richard’s questions below, I don’t think I have all of the answers, but:
- The reforestation obligation is the responsibility of AJV. Uganik is responsible for 1.29% of the total obligation of the AJV. I don’t know if you can just be responsible for your own reforestation.
- Land should be free and clear.
- I don’t know the costs of the road use — I suggest that you talk with someone at AJV for those answers.
- Finally, I understand that, at the present time, Uganik owes the AJV $10,500+ as a result of the completion of the Old Harbor litigation. They are willing to wait for the EVOS Supreme Court decision before resolving this issue with all of the AJV partners.