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Original Message:

Re: Ka'anapali Beach Owners Check Here (by Amy R.):

We were just at KBC this past week and attended the update presentation. We were told by several employees that Bill Burns (not by full name but I figured it out) was in a few months earlier and he opted to convert to the trust. I, too was on his emails and took his suggestions to heart. This appears to completely reverse his prior stance, so I would like to see if anyone knows if this is true as we are unable to contact him. My only concern is that the trust documents say that until the owners have 80% or more of the available points, the company has 3 votes per point whereas the owners have 1 vote per point. Please also add me to the email list arozines@qwest.net. Mahalo!