STATEMENT: Villar Land ready to cooperate with DOJ

Villar Land and its directors welcome the opportunity to explain their side and respond to the allegations in the complaint at the proper forum. The Company and its directors are fully prepared to cooperate with the proper authorities and are confident that an impartial panel will find that no violation of law was committed. In view of the ongoing preliminary investigation by the DOJ, the Company and its directors will refrain from making further statements on the matter at this time.