On May 21, 2024, Parks! America Inc announced that it has sent an open letter to shareholders stating that Focused Compounding revealed their real plan to liquidate the assets of the Company, and it believes that the Focused Compounding plan is to: 1) obtain control of the Board in order to execute their plan, 2) throw out and replace the existing 2-person executive team, 3) sell the Company?s Missouri and Texas (Aggieland) parks, 4) significantly leverage the Georgia park or sell it. In addition, the Company stated that in its recently filed proxy statement, we have included a new director nominee, who is also a longtime shareholder, and have recommended in favor of 1 nominee from the Focused Compounding slate, committed to providing shareholder representation on the Board, and the current Company Board has demonstrated the willingness to make difficult decisions benefitting all stockholders and stakeholders, while it believes Van Voorhis?s actions ultimately showed he cared only about his own self-interests.

Further, the Company mentioned that it appreciates the shareholders support and are looking forward to the Annual Meeting of the Company scheduled to be held on June 6, 2024.