7-13-2010 UPDATE:
Click
here for the State of Alaska's official pamphlet "Information for
Shareholders of ANCSA Corporations"—which details (by statute and
regulations) the many, many breaches of reporting, communication, and
other fiduciary responsibilities that our directors have made
and are continuing to make.
7-2-2010 UPDATE:
Total revenue now exceeds $1 million from Alindeska Development Services
LLC's
Talon Ridge Development in Spokane, Washington.
Our Directors still have not made any accounting for this money. The
latest sale was at the end of May, 2010. What will it take for these
Directors—people who have blatantly snubbed their noses at shareholders
and shirked their fiduciary duties to shareholders—what will it take for
them to answer shareholders? Whose pockets
is this $1 million filling? They don't defend themselves
because their inaction is indefensible.
Another fiscal year has passed without ANY
AUDITED FINANCIAL STATEMENTS. By law (Alaska statute) and by the
terms of our by-laws, shareholders are entitled to audited financial
statements. THESE DIRECTORS HAVE IGNORED US FOR THE THIRD STRAIGHT
FISCAL YEAR. FY 2009 audited financial statements were due by June
30th, and (again) not a word from our so-called directors.
DID YOU KNOW:
Tom Harris continues to suck money out of the federal contracting
programs on behalf of Tyonek, to the tune of hundred of millions of
dollars.
Jackie Rashleger's minority construction company, Amerind Builders,
has received over $4 million under federal contracting. Other people
(such as Mike Rawley) are affiliated with other native organizations
that have taken their share of federal contracting money. And yet, this
group were at the helm of our organization when they allowed employment
withholding to go unpaid to the federal government, allowed
contributions to union funds to go unpaid, failed to pay state taxes.
So why, when these people wear their other
hats, are they allowed to put their hands into the federal coffers and
continue to draw millions of dollars for their other minority business
interests?
12-1-09 UPDATE:
I finally was able to speak to a Director, Mr. George Samuel
(phone 253-630-9852), 10:00 am 12-1-09.
I told Mr. Samuel that I was calling about
nearly $800,000 from the land deal in Spokane. His first response (and
he said this at least twice), "You'll have to ask the bank for that
information." When I told him that the bank wouldn't tell me anything,
he then said I should contact Mike Rawley. "All that I know is that
you've created a negative web site that hurts us who are trying to do
something."
He then moved into the old "We asked you to
join us, I've only been here 2 years, and instead you put negative
things on the web site."
I first told him that if anything is
incorrect on the web site to please let me know. I also told him that
before I join anything, I want information about what I'm being asked to
join, and why haven't they (the board) provided any information to
shareholders for years?
I then asked him if he knew that in November
2006 I was asked to join the board via telephone, I agreed and was told
that I would be installed the following week in a telephonic board
meeting. I was then called back within the next day or so, and was told
that I would have to wait to be installed at the next regular board
meeting in person, and was given a date when I had already planned to be
out of the country. I was then told that I had to wait until the
following May board meeting, 6 months later.
"Well, I don't know anything about that," he
said.
I told him that I would be willing to
consider joining the board if they provided information to me. [I have
since written to the board of directors expressing my willingness to
join the board provided they send me financial and other information
with which to reach a reasoned judgment on the decision; I wrote:
To show my good faith
willingness to consider his offer, I would be willing to sign a
non-disclosure agreement to keep confidential any information that would
not otherwise be available to any other shareholder upon an appropriate
shareholder request. Please let me know how you would like
to proceed with a request for information in order to assist me in
considering joining the board of directors.]
He then stated "As far as the project in
Spokane goes, Mr. Johnson has a lot to do with it." I clarified that he
meant Troy Johnson, which he confirmed, and then added "but I'm not
going to say anything more about it because you'll just twist it and put
it up on your web site. You've created a lot of negativity with the web
site."
I said that I have written each of the
directors with an offer to put their responses to questions on the web
sites—word for word, exactly as they write them as long as they are
responsive to the questions, but hadn't received a single response from
any directors willing to communicate with shareholders—and he said that
even if they did, I would just twist that, too.
He then said that this conversation was
enough and hung up on me.
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