Dear Shareholder,
Thank you for your inquiry. The shares purchased by AGL are held as to 40% by Mr. Anthony Bainbridge, a director and officer of Garrison, and as to 60% by Mr. Danny Sun, a newly-elected director of Garrison. Mr. Bainbridge independently holds options exercisable for a further 900,000 common shares of Garrison. Mr. Sun independently owns a further 2,715,059 common shares of Garrison. In addition, Mr. Bainbridge (as to 40%) and Mr. Sun (as to 60%) also indirectly own Asia Intercept Mongolia LLC, which in turn owns 2,000,000 common shares of Garrison. Collectively, AGL, Mr. Sun, Mr. Bainbridge, and AIM own and/or control, directly and indirectly, 38,215,059 common shares of Garrison (or approximately 39.1% of Garrison), and if they exercised all convertible securities owned or controlled directly or indirectly by both of them, and individually by either of them, they would collectively own or control, directly and indirectly, 69,115,059 common shares of Garrison (or approximately 53.7% of the common shares of Garrison then issued and outstanding).
Regards,
AGORACOM