Descendants: Where did my child’s 7(i) monies go from Sealaska?
There is an incorrect
assumption that Kootznoowoo is receiving 7(i) monies for “Sealaska’s Life Estate Stock.” The
Sealaska Life Estate Stock is not used to calculate the 7(j) monies received from Sealaska. The
amount received is based on the original shareholders of 629 or 62,900 original shares.
Kootznoowoo does not receive any additional monies from Sealaska.
Jobs: Kootznoowoo management and the Board of Director’s remains committed to working with
the Tribe on funding for projects that will produce jobs, i.e. road building on Admiralty Island in
relation to Thayer Creek, as opportunities arise with partners, such as our Pack Creek Bear viewing
company, we have talked with them about training shareholders. We are interested in shareholders
signing up for this type of training.