Attached files
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EX-99.2 - EX-99.2 - DIAMONDHEAD CASINO CORP | g25537exv99w2.htm |
8-K - FORM 8-K - DIAMONDHEAD CASINO CORP | g25537e8vk.htm |
Exhibit 99.1
Exhibit 99.1:
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Contents of Email Dated December 14, 2010, from H. Steven Norton Addressed to the Board of Directors of Diamondhead Casino Corporation |
Deborah;
Diamondhead Board Members;
Diamondhead Board Members;
I understand that one or more board members feel that I have a conflict of interest, because my son
Mark, is an executive with the CanCan casino project in DIberville, MS. In fact, I provided Sandra
Mannos initial funding for her Indian casino projects a decade ago. Over the past 10 years, 2 of
my sons have been executives of gaming companies, primarily Isle of Capri and MTR Gaming; and we
have always respected the others position, when we were in areas of possible conflict; in states
like MS, MO, PA and NJ.
But I respect your position as Chairman, and imagine that the request originated with you. I would
expect that the board continue my agreement of a commission, if I bring a casino operator to the
company, and continue my unexpired options for a reasonable period of time. Also, if the company
becomes financially viable in the future, that any board member directors fees would accrue me to
the extent that my years on the board qualify for inclusion. Im sorry to have missed the last
meeting, but I serve on the board of Centaur Inc., and 2 of the 4 board committees that I chair
were meeting Wednesday. And Centaur compensates me $180,000 per year to be a director and chair
Compensation, Compliance, Internal Audit and Surveillance committees for the company. I have
enjoyed my years of serving on Diamondheads Board, but am sorry that I was unable to find a casino
operator interested in developing on our site.
Steve