November 03, 2021
Wednesday PM

Many shareholders are grateful for what they have received from the Sealaska Corporation. Many of us don't feel grateful for over 50 years of resource extraction, when only the leaders get rich, or a hundred years of discrimination in our own land, or by surrendering our native rights for a few dollars a day?

Gratitude to a corporation that has spent 50 years promoting "what do they want for nothing" and keeping shareholders clinging to the past century while the elite convert tribal assets to their private fortunes?

Grateful for a half century of parental treatment just to capitalize through nepotism and greed?

Sealaska's management can never repay what has been taken. No native people living on Sealaska land. No homes constructed for our people from our share of timber.

Prosperity for only a few, when prosperity for all was promised. We've paid in millions of dollars for a false promise and the little we've received.

Gratitude, NEVER! Contempt, YOU BET!

Many think I hate Sealaska and it's management and always have. I use to love the corporation and the management.

It's when Sealaska exceeded the 20 years shareholders agreed to in 1971 without shareholder consent made me think differently. I was forced to realize parental control had become a way of corporate life at Sealaska.

Today, it's grown into domination. The shares were to be placed in the shareholders' hands as part of the 1971 land claims settlement.

Shareholders never voted for management to exceed 20 years. For 30 years management has converted assets belonging to shareholders into vast family fortunes while many shareholders struggle to survive.

Instead of the truth setting our people free, more and more parental control, as in the trust resolution and "it's" special rules, suffocate any hope for anything significant in anyone's life but Sealaska's management.

Sealaska's management suppresses anyone and anything that threaten they're lock on the money, in spite of many shareholders' lack of basic needs.

Sealaska will never meet it's promise of prosperity for all other than Sealaska's Corporate attorneys and their "Native hierarchy" customers.

Dominic Salvato
1600 member "facebook" Sealaska Shareholders Underground
Anchorage, Alaska

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Editor's Note:

The text of this letter was NOT edited by the SitNews Editor.

Received October 31, 2021 - Published November 03, 2021

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