Viewpoints
Worthless Stock
By Aan Kadax Tseen aka Don Hoff Jr.
June 29, 2007
Friday PM
My hundred shares of stock in Sealaska Corporation are worthless
as the paper it is written on. After 36 years since Alaska Native
Settlement Claims Act (ANSCA), Sealaska Corporation has not benefited
its 17,300 shareholders.
57 % of Sealaska Shareholders Conference June 23, 2007 voted
to okay descendants and left outs to receive shares, which totals
roughly 5,500 descendants and 100 left outs immediately are eligible
to enroll. Regardless what anyone says, it will dilute your
dividend check you get once or twice a year. Sealaska spent
1.5 million dollars to buy your vote. Sealaska at the same time
suckered the Elders into believing that they would receive additional
shares.
Board member Rosita Worl says, "The vote Saturday symbolized
the survival of Native values". I did not know that greed
and deceit was a Native value. Sealaska Corporation button blanket
crest design should be a dollar sign ($). They actually think
they represent our Clans and Tribes. Rosita goes on to say,
Corporations just don't give stock away. What are you talking
about! Sealaska Corp. just gave away 5,600 x 100 shares of stock.
I am fed up in believing that any Native Corporations benefit
their shareholders. I want to sell my Sealaska stocks -- Sealaska
should be allowed to buy back shares. No one to this day can
tell us what our 100 shares of stocks in Sealaska are worth!
Sealaska is going to put the screws to the landless communities
of Ketchikan, Petersburg, Wrangell and Tenakee Springs, Alaska.
Now let's talk about left outs!
Sealaska Corporation does not or ever will speak for the Gaanax
adi Clan, Yei l hit (Raven House). I also am getting tired of
hearing the "I do it for the people" speech. Sealaska
Corporation in my own opinion is a spineless corporation and
is a puppet for the Whiteman.
In closing, all land claims belong to the traditional tribes.
We want our lands back to build homes and control our own destinies.
Don't tell me by selling my stock I would selling my Culture
either, because Sealaska Corporation sold us out years ago!
Aan Kadax Tseen aka Don Hoff Jr.
Unukriver[at]aol.com
Gaanax adi Clan
Yei l hit
Taan ta Kwaan
Hixson, TN
Received June 29, 2007 - Published
June 29, 2007
About: "Shareholder of
Sealaska Corporation, Member of the Taan ta Kwaan"
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