Funr (FUNR)

[SharonB]

Friday 9/11/2008 FWIW, sent this FAX to GALH
Blair Krueger, CEO, President, Chairman
Green America Land Holdings, Inc.
5510 La Jolla Blvd
La Jolla, CA 82037
http://www.greenamericafunds.com Under Construction
This is an automatically generated Delivery Status Notification. Delivery to the following recipients failed. [e-mail]
FAX [phone]
Dear Mr. Blair Krueger, Date: September 11, 2008

As moderator of the GALH message board on Raging Bull I have been requested to make another attempt to establish contact with you. As a fellow investor, albeit a very minor one and a senior citizen, couldn’t you put out an update as to the current status of GALH operations? I realize you are, as the most senior member of management, unable to reply directly with anything even slightly resembling inside knowledge. You do have the authority to make a public announcement in the form of a press release and most certainly establish a new or operational Investor Relations position to help assuage the anxieties of your investors.

Today on CNBC-TV I heard a brief statement by some financial advisor that because of the current financial environment this represents what may be a once in a lifetime opportunity for wealthy foreign investors to acquire valuable properties here in the US at very reasonable prices. There was a suggestion that immigration visas be given to such investors who acquire depressed properties. This sounds to me to be the GALH game plan (EB-5) and as such we will get even more competition.

The current bid price is .25 cents a share. I remember you told me that price appreciation is not a priority and future growth is where the concentration of efforts will be made. How are these efforts proceeding? For instance, do we still have an interest in the Days Inn Property in New Orleans? Has the domestic limited partnership (a “Fund Partnership”) and warrants been established? How about the acquired 160 acres in Duchesne, Utah, which you intend to develop into a mixed-use commercial center?

Can you reply or refer me to another source for a response?
Sincerely,

(Signed)

Sharon Bxxxxxx (Investor and message board moderator)
Home Ph 8xx-xxx-xxxx (There is an a answering machine on line so a contact number can be left.)
E-mail [e-mail]
...
If and when I get a response I will post it. SharonB