| Biloxi
Marsh Lands Corporation
Investor Shareholder Information
Financial Statements and President's Reports
Biloxi Marsh
Lands Corporation, founded in 1936, owns approximately 90,000 acres
of marsh lands located in St. Bernard Parish, LA. As a landowner, it
derives the vast majority of its revenue from oil and gas exploration
and production activities that take place on or near the Company's land.
The Company also derives minimal revenues from surface rentals.
Common
Stock parvalue: $.001 per share
Number of outstanding shares: 2,741,428
Earnings Release Dates:
1st Quarter: May 12, 2011
2nd Quarter: August 12, 2011
3rd Quarter: October 28, 2011
4th Quarter: March 9, 2012
The Company’s common
stock is not registered with the Securities and Exchange Commission
and the Company does not file reports with the Commission. The Company’s
common stock is not traded on any national securities exchange nor is
it quoted on NASDAQ. Therefore, the Company is not subject to the disclosure
requirements or corporate governance requirements normally applicable
to companies with publicly traded securities.
The Company’s shares
are quoted on the Pink Sheets® and traded under the symbol “BLMC”
in the over-the-counter (OTC) market. Pink sheets® is neither a
securities exchange nor a broker-dealer. It is an electronic quotation
and information service provided to registered broker-dealers to facilitate
transactions in OTC securities.
An investment in the Company’s
common stock is speculative and involves a high degree of risk. Our
common stock is thinly traded and the market for it is illiquid, which
tends to create price volatility. It may, therefore, be difficult to
buy or sell our common stock without dramatically affecting the stock
price, or buy or sell our common stock at all.
Biloxi
Marsh Lands Corporation
Officers and Directors 2010 - 2011
William B. Rudolf - President & CEO – Biloxi Marsh Lands Corporation
50, a director of the company since 1991, has been President since March of 1995. He became Chief Executive Officer in March of 2001 and General Manager in September of 2002. Immediately prior to becoming General Manager, he served as Vice President of a regional inland marine transportation company from September of 1997 to September of 2002. During his tenure in the marine transportation industry he was a member of the Board of Director of the American Waterways Operators (AWO) and the Louisiana Association of Waterways Operators and Shipbuilders. He is a director of Lake Eugenie Land & Development, Inc. He serves on the board of managers of St. Tammany Land Co., LLC, Biloxi Marsh Lands 1 Royalty, LLC, Lake Eugenie, LLC and 50196, LLC. Mr. Rudolf is also General Manager of B & L Exploration, LLC a subsidiary of Biloxi Marsh Lands Corporation engaged in business of exploring for oil and gas primarily within the coastal zone of Louisiana. He is also a member of the board of directors of the Louisiana Land Owner’s Association, the St. Tammany Parish Business Council and member of the Governor’s Advisory Commission on Coastal Restoration and Flood Protection. He served on Governor Jindal’s Transition Team.
Peter W. Dodge -
Vice President
64, a director of the company since 1978, Vice President since 1995.
Retired from American Coffee, employed at same company from 1970 until
1997, a director of that company from 1978 until 1997, served a Secretary/Treasurer
from 1988 until 1997.
Charlton B. Ogden,
III - Secretary
54, a director since 1989, and has been Secretary and General Counsel
of the company since March of 1995. Presently he is a Managing Member
of the law firm of Taggart, Morton, Ogden, Staub, Rougelot & O'Brien,
LLC with offices in New Orleans and Covington, Louisiana. Additionally,
he serves on the Board of Directors of Lake Eugenie Land & Development,
Inc. and on the Board of Managers of Biloxi Marsh Lands 1 Royalty, LLC,
Lake Eugenie, LLC and 50196, LLC. In his law practice, he is a member
of the New Orleans, St. Tammany Bar and Louisiana Bar Associations,
where he is a section member in litigation, real property and probate
and trust. He is also a member of the Louisiana Association of Defense
Counsel and the Defense Research Institute.
Karl D. Zollinger
60, elected director in 2008, Mr. Zollinger is currently a partner in real estate development projects located in St. Tammany and Tangipahoa Parishes, Louisiana. After a 30 year career in the banking industry with the last 12 years of service at Whitney National Bank, Mr. Zollinger retired in 2005. During his tenure with the Whitney National Bank Mr. Zollinger held various management positions in commercial lending and business banking. He also currently serves as a principal in several companies that provide consulting services in the areas of debt placement, federal and state tax incentive programs as well as Department of Defense and Homeland Security initiatives. He is a director of Lake Eugenie Land & Development, Inc. He serves on the Board of Managers of Biloxi Marsh Lands 1 Royalty, LLC, Lake Eugenie, LLC and 50196, LLC. He is also on the Board of Directors for St. Tammany Economic Development Foundation, West St. Tammany Habitat for Humanity (Treasurer), St. Tammany Association of Retarded Citizens (STARC), St. Tammany Leadership Foundation, Northshore Housing Initiative, Inc. and Terre Aux Boeufs Lands Company, Inc.
Jack V. Foster
70, has served as a director since 2002. Currently, he is president
of Polchow & Foster, Inc., an investment management company; managing
member of WavePharma, L.L.C.; and a director of PhotoBioMed, Inc. Mr.
Foster is an investor in real estate, oil and gas, and venture capital
projects. From 1992 to 2003, he was managing member of Petro-Russo L.C.,
a company engaged in oil and gas development in Russia. He is a Tulane
Law School graduate, a former tax manager with Arthur Andersen &
Co., and a former co-trustee of LaTerre Co., a large South Louisiana
land owner.
L. Andrew Fleck
50, elected Director in 2010, Mr. Fleck is currently Vice President, Real Estate for Contran Corporation. He received his BS in Petroleum Land Management from the University of Texas in 1982 and started with Contran in 1983. He worked as a landman with Contran’s oil and gas exploration entity in Denver, Colorado for seven years. He now manages the real estate and oil and gas properties of Contran and its subsidiaries in Dallas, Texas. Mr. Fleck co-founded a fundraising event for Texas Scottish Rite Hospital for Children which has raised over $7 million since 1995. He is a director of Lake Eugenie Land & Development, Inc. He serves on the Board of Managers of Biloxi Marsh Lands 1 Royalty, LLC, Lake Eugenie, LLC and 50196, LLC.
Michael J. Rapier - Treasurer
74, a director of the company since 1997 and in 2008 was elected Treasurer. Mr. Rapier is formerly the President & C.E.O. of the National Bank of Commerce in Jefferson Parish, which was sold to Whitney National Bank in 1985. He is the owner of Michael J. Rapier Investments, a personal holding company. He is President of S.C. Minerals, Inc., Day Minerals, Inc. and is a director and member of the Executive Committee of Fidelity Homestead. He is a Trustee and Chairman of the Finance Committee of the Ochsner Clinic Foundation. Additionally, he serves on the Board of Directors of Lake Eugenie Land & Development, Inc. and on the Board of Managers of Biloxi Marsh Lands 1 Royalty, LLC, Lake Eugenie, LLC and 50196, LLC
John F. (Jeff) Bernard
57, has been a director of the company since 2003. He is currently Vice President/Relationship Manager at State Investors Bank in Mandeville. He has been in the banking industry for over 30 years. He serves as the President of Lake Eugenie Land and Development, Inc. He also serves on the Board of Managers of Biloxi Marsh Lands 1 Royalty, LLC, Lake Eugenie, LLC and 50196, LLC. He is also a member of the Mandeville City Council.
Sidney C. Sundbery
65, a director of the Company since 1996, is a practicing attorney
with the law firm of Duval, Funderburk, Sundbery, Lovell & Watkins, PLC
in Houma, Louisiana. He is a director of Lake Eugenie Land & Development,
Inc. He serves on the Board of Managers of Biloxi Marsh Lands 1 Royalty,
LLC, Lake Eugenie, LLC and 50196, LLC. He serves on the Board of Directors
of South Louisiana Bank, South Louisiana Financial Corporation and The
Intracoastal Company. He is a member of the Board of Directors of the
Houma-Terrebonne Chamber of Commerce and serves on its Executive Committee.
He is a former Director and past President of Terre Carnival Club and
Ellendale Country Club. He is a U.S. Army veteran including service
as a military policeman in Viet Nam.
E. James Kock III
52, a director of the company since 2008, is a private investor and manager of family investments. From 1981 to 1994, he served as Vice President of the following land companies, Bowie Lumber Associates, Jeanerette Lumber and Shingle, Co. L.L.C., and White Castle Lumber and Shingle, Co. Ltd. He now serves on the Boards of these companies. He is a graduate of both the University of Virginia and Tulane University A.B. Freeman School of Business.
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