THE STATE. . . . of Department of Administratlon ALASKA JOHN QUICK. COMMISSIONER l0: Fl. State Office Building PO Box ?0200 Juneau. AK 9981 10200 Main: 907.465.2200 Fax: 907.465.2135 GOVERNORMI HAEL DUNLEAVY January 24, 2019 Honorable Bert Stedman Co-Chair, Senate Finance Committee Rm 518 Juneau, AK 99801 Honorable Natasha von Imhof Co-Chair, Senate Finance Committee Rm 514 Juneau, AK 99801 Honorable Mike Shower Chair, Senate State Affairs Committee Rm 417 Juneau, AK 99801 Dear Senators Stedman, Von Imhof, and Shower, I would like to take this opportunity to provide the Committees with additional information and clarification regarding my previous business interests, work history and recent Senate testimony. In 201 1, I verbally entered into an equity-stake business venture with the Reynolds family of Puyallup, WA. Together, my business partner Bryan Reynolds, his family and I rebranded an existing franchise into a new business with an additional location and created another new business with one location known then and today as Anthem Coffee Tea and Elements Frozen Yogurt. As the businesses grew, it became clear that the verbal agreement I entered into was not going to materialize into a written agreement. After numerous negotiations with the Reynolds family and much heartache for me and my family, we parted ways. During my Senate con?rmation hearing on January 23, 2019, I was asked in detail to discuss my relationship with Anthem Coffee Tea and Elements Frozen Yogurt. After reviewing the testimony, I would like to take the Opportunity to clarify a few of my statements: - In response to questions, I incorrectly stated that my association with the Anthem Coffee Tea and Elements Frozen Yogurt ended in 2014 when in fact it ended in 2012. - In response to questions, I accepted the terminology used by Senator Wielechowski when I should have clari?ed that I parted ways with the company, rather than selling an ownership stake. I sincerely apologize for stating this incorrect information and thank you for the opportunity to respond. Like many business owners and entrepreneurs, I?ve had great success and faced certain failure. Each experience has taught me great lessons, and collectively they have made me a better person, husband and manager. Jona an Quick Com ission of Administration *Enclosure Reynolds are excited for the opening day of their new hozen yogurt store. which they new to expand to a national pr. t, :15,th Quick. left. and Brya hall building along North Meridian has garnered: .. - 011 two local Rogers ng School graduates . --. - Lbu?smess Opening in city '{01 {9:3 1. . al -s all exalted to supp 1.0a? (-1.1 .1i. . national press; . [In many hush-ass owners" MW bricks and mama: and pep HT "3 . wing away. . "Bni 111 - {1111: det?wn 111111111) there - hf hapa mpresented by a start- 1:53 11113111355 called EIements szen Y?gurt -- - - . That-:- 111111813, Bryan Reynolds and ?01111 1 {313$ 1111113013137 the :hnerican Dream: 01? 1 - .5131:ng a business being success?jl and Emmi and Emigmg 111 new jobs to the T116 3111111 16 emplayees The. aim made :1 choice bringing 311113, 5mm mm (tin? welcaming two Immemm Hagen: High 31311031 graduates $1111: 111 Cciehmte this. 510 re MY 9 and afljfig??aa many ?element tappi?gs 'l?lil .. war-h.? W-a-r h. dql?