Dear Haida Corporation Shareholder:
Attached below is IRS Form 8937, Report of
Organizational Actions Affecting Basis in Securities, for Haida Corporation for
the 2013 tax year. Form 8937 is required to report that Haida’s 2013
nontaxable distributions reduce the tax basis of the shareholders’ shares.
As an alternative to mailing the report to the
IRS and sending a copy of the report to every shareholder, Haida Corporation is
posting the completed, signed and readily accessible format to our primary
public website and/or the primary website of any successor organization for 10
years.
Our auditors, Sullivan and Peterson prepared Form 8937 on the basis of the preliminary
trial balance provided for Haida Corporation as well as on 2013 investment
information received from the brokerage companies. On the basis of this
information, they calculated that Haida Corporation would not have current or
accumulated earnings & profits for the 2013 tax year. Since the
information is preliminary and unaudited, until the next audit is prepared, it
is possible that such information could change which could change the
conclusion that the distributions were nontaxable.