Two benjamins…
To put things in perspective, given the limited insider share ownership, for every $1,000,000 that you spend on legal, PR, financial advisors, social media ads, etc., over $250,000 comes out of the undersigned “dissident’s” pocket. Only $206.26 comes out of management’s pocket. In our view, this makes no sense.
How much did these cost?
On April 10, 2019, Texas Pacific Land Trust issued the following online advertisements to Facebook.com, Twitter.com and Google.com:
Advertisement 1 (Facebook.com)
For over 130 years, TPL has been there for shareholders, generating tremendous long-term value from its uniquely Texan assets. Today, the future of your investment is in jeopardy, but you have the power to save it.
Shareholders: vote FOR General Donald Cook using the BLUE proxy card.
Protect your Trust. Trust General Cook.
Advertisement 2 (Facebook.com)
There’s a storm on the horizon. Texas Pacific Land Trust and its legacy of value creation are under threat by a dissident group putting its own interests before those of other shareholders.
Retired 4-star General Donald Cook is the ONLY candidate who will advance TPL’s strategy for the benefit of ALL shareholders.
Make your voice heard. Vote FOR General Cook on the BLUE card.
Protect your Trust. Trust General Cook.
Advertisement 3 (Facebook.com)
Texas Pacific Land Trust is a vital part of Texas’ history. Through careful stewardship, TPL has delivered total shareholder returns of ~733% since 2014 that have enhanced our investors’ futures. Help us secure this growth for years to come.
Vote FOR four-star General Don Cook on the BLUE proxy card.
Protect your Trust. Trust General Cook.
Advertisement 4 (Twitter.com)
For over 130 years, TPL has been there for its shareholders. But today, the future of your investment is in jeopardy. You have the power to save it.
Vote FOR General Donald Cook using the BLUE proxy card.
Protect your Trust. Trust General Cook.
Advertisement 5 (Twitter.com)
There’s a storm on the horizon. TPL is under threat by a dissident, self-serving group. General Don Cook is the ONLY candidate who will advance TPL’s strategy for ALL shareholders.
Make your voice heard. Vote FOR Cook on the BLUE card.
Protect your Trust.
Advertisement 6 (Twitter.com)
TPL is a vital part of Texas. Through careful stewardship, we’ve delivered total shareholder returns of ~733% since 2014. Help us secure this growth for years to come. Vote FOR General Don Cook on the BLUE proxy card.
Protect your Trust. Trust General Cook.
Advertisement 7 (Google.com)
Texas Pacific Land Trust
Proven strategy is now at risk
Vote for Gen Cook on BLUE Card
TPL outperformed the market with returns of 733% since 2014. More than Apple or Amazon!
TPL is vital to Texas history
Advertisement 8 (Google.com)
Texas Pacific Land Trust
Protect your Trust
Make your voice heard!
General Don Cook is the only choice to protect shareholder value
Vote for General Cook on the BLUE proxy card by phone, internet, or mail by May 22
https://www.trusttpl.com/make-your-voice-heard
Advertisement 9 (Google.com)
Texas Pacific Land Trust
Protect your Trust
Trust the General
The future of your investment is in your hands! Vote for General Cook on the BLUE card
You have the opportunity to make a difference and have your voice heard
https://www.trusttpl.com/make-your-voice-heard
Advertisement 10 (Google.com)
Texas Pacific Land Trust
Protect your Trust
Proven strategy is now at risk
Gen. Don Cook is the best choice to continue years of proven success and long term value
You have the power to make your voice heard! Choose General Cook on the BLUE proxy card
The Texas Pacific Land Trust Investor 