We have a
correction to an earlier story regarding the dividend recently announced by
Leisnoi Incorporated. The Leisnoi Incorporated board announced the dividend in a
letter last week to corporation shareholders and is announced on the cover of
the corporation's January newsletter. The number of shares an original
shareholder would have is 10, not 100, as previously reported. Board Chair Jana
Turvey explains the confusion.
-- (Leisnoi 1 15 sec "It's common because most ... our original
dividend of $100 per share, someone with 10 shares will receive $1,000, which
is scheduled to be distributed on February 16th.
newsletter also announced the results of the annual shareholders meeting held
on December 28th in Anchorage, which Turvey described as "very
-- (Leisnoi 2 58 sec "It was to ratify the special ... they made at the
serve a one-year term, Shannon Johnson and Jeff Chester will serve two years,
while Debbie Lukin and Jay Baldwin will serve three-year terms. Turvey says a
quorum of over 60 percent of shareholders were present either in person or by
She also said
the board has made several hires. Mark Kroloff will serve as interim manager.
He has previous experience as chief operating officer for two of the largest
Native corporations in the state, Arctic Slope Regional Corporation and Cook
Inlet Region Incorporated.
-- (Leisnoi 3 28 sec "He is helping us through ... organized as we go
has also hired consultants to help with other matters since the corporation
changed hands so recently:
-- (Leisnoi 4 32 sec "We have a team of ... our historical pattern has been.")
were Jahna Lindemuth, a partner with Dorsey and Whitney to serve as the company
attorney, and Karl Potts, who will advise the board on the Leisnoi's timber