Adherence to the Terms of the 22 March 2006 Resolution

Given the fact that the Board continues to expend monies in the pursuit of the sale of Briny Breezes, the undersigned would like to express our desire to have the Board of Directors adhere strictly, both publicly and privately, to the terms of the March 22nd ballot, Section (i), listed below, until such a time that another shareholder vote can be held to provide the authorization for the Board of Directors to do otherwise or to rescind the original authorization.


Current Resolution:

Resolved, that the Board of Directors of the Corporation is hereby authorized and directed:
(i) To seek competitive offers to acquire the corporation at a purchase price of not less than five hundred million dollars ($500,000,000); and
(ii) To enter into an agreement with the party submitting the proposal that the board deems to be in the best interests of the corporation and the stockholders, providing that such an agreement shall not be final and binding on either the corporation or the stockholders until it is approved at a duly convened special meeting by stockholders owning not less that sixty-seven percent (\%67) or the shares of the corporation