To The Editor:
Our sincerest appreciation for your investigative interest in Pigeon King International and Mr. Arlan Galbraith. I truly hope that the Canadian officials and the Canadian victims of this Ponzi scheme (and I think my reasons below prove this is a Ponzi scheme) hold Galbraith responsible for what he has done to hundreds of unsuspecting victims.
The corrections Galbraith made in his letter dated Oct. 22 were interesting, but with all of his business dealing, they were less then truthful. There are hundreds of us who would like some answers, explanations to make us understand his complex business.
He spoke of his finances and looking at the entire picture, well… let’s see it! If he has nothing to hide, why has he not released all of his financial records to the hundreds of people who are living in poverty right now, because they were scammed? He certainly made information available to us that he wanted us to see.
He said his breeding stock business began in 2001, yet the only records we have had the privilege of examining were those in the last 16 months of business. And those records, to say the least, are incomplete and inaccurate. Sacred Dove Ranch Inc. “a holding company used to hold cash assets” says Galbraith. Did he forget that his company is bankrupt? What cash assets were being held? Why did they have to be held in a different company? Did he have so much cash that he had to move it? How much money was moved? Was this the only location it was moved to?
This business of no crimes being committed. Let’s talk about that. I have a letter, in my hand, from The Pigeon King of the U.S., Mr. Jacob Stoltzfus. He questioned Galbraith’s business, his intensions and why he was not raising and marketing meat birds. Galbraith responded to Mr. Stoltzfus calling him “spineless, a troublemaker and a person who just likes to shoot off his mouth” He went on to say “I am not interested in meat production, or any kind of food production, as the return on any investment is very low.” And in the conclusion of the letter he quoted psalms 15:4.
“NOT INTERESTED IN MEAT PRODUCTION?” Why did he sell hundreds of people birds which he claimed would be used to produce squab? What about the growing Chinese markets? What about his business plan to gain 10 per cent of the North American poultry market? Why did he repeatedly send all of us ‘Pigeon Post’ newsletters raving about the Hinterland Squab trademark? Oh and let us not forget the processing plants. The argument he handed the American officials when they questioned the end use for his birds. He sent the preliminary plans of the squab processing plant to all of the breeders the week before he filed bankruptcy.
Arlan Galbraith sold us “flying rats”. He profited from unsuspecting, honest, hardworking farmers searching for ways to support their family farms. All the while he was entertaining in the local honeymoon suite, and paying his supporters, salesmen and others to grow his scheme. Salesmen, laborers, and others who were paid in the range of $800 a day. Yes, $800 a day. That is $100 an hour. Don’t tell me that there was nothing wrong behind the doors of PKI.