Update Regarding Yesterday’s Update
Today’s update is in regards to yesterday’s update.
If you have not received several past due statements, a demand letter and a forfeiture letter, you are paid up to date. We mail assessments out in February and the assessment is due by May 1st. If you do not pay by the end of May you then receive a past due statement the first of June, July and August. If you have still not paid by the end of August, you will receive a demand letter the first of September. Lastly, if you have not paid by the end of September you will receive a forfeiture letter the first of October.
Yesterday’s update was just general information to all our shareholders on the shares that will be available at auction. It does not mean you are past due. This is our way of “advertising” the shares up for auction for anyone that is interested in purchasing them.