Burr Oak Cemetery has been closed to the public since mid-July, 2009. In May, 2009, the management of Burr Oak reported to authorities that human bones were found on the Cemetery property. Four individuals were subsequently charged with grave tampering and the re-selling of graves. The Cook County Sheriff’s Department (the “Sheriff”) conducted an extensive investigation of the alleged criminal activity and closed down the Cemetery during its investigation. The four individuals were terminated from their employment at Burr Oak and currently await trial.

Mr. Szabelski was appointed Receiver of Burr Oak in July 2009 and took control of the operations of Burr Oak Cemetery. Mr. Szabelski planned to make certain repairs to the Cemetery and to re-open it to the public.

Because of the large number of lawsuits (primarily related to the alleged grave tampering) that were being filed against Burr Oak and its parent company, Perpetua, Inc., (“Perpetua”), the Board of Directors of Perpetua, Burr Oak, and Cedar Park elected to and did file voluntary petitions for bankruptcy under Chapter 11 of the United States Bankruptcy Code, and to operate the three businesses as debtors in possession. The purpose of the Chapter 11 filings is to provide a forum for all creditors to be treated equally under the law.

As a result of the bankruptcy filings, by operation of law the receivership was terminated and operating control of the Cemetery was returned to Burr Oak management. Extensive negotiations involving the Illinois Attorney General and the Debtor resulted in the agreement to appoint Mr. Korenthal as COO of Burr Oak and Cedar Park and Mr. Szabelski as Consultant.

Since their appointments, Mr. Korenthal and Mr. Szabelski have focused their efforts on re-opening Burr Oak Cemetery.

Other activities that need to be completed prior to the re-opening of the Cemetery include infrastructure improvements related to the safety of visitors and improvements in the marking of sections of the Cemetery to facilitate location of burial sites.

Infrastructure improvements include cutting down over 30 dead trees on the grounds; the repair of potholes on the cemetery roadway to make it safe to drive on the roads; sewer repairs to improve drainage and eliminate standing water; repairs and improvements to the Cemetery’s electrical service; and repair or replacement of the Cemetery entryway columns, wrought iron gate, and fencing around the Cemetery.

A cemetery Broker has been engaged to sell both Burr Oak and Cedar Park Cemeteries, either individually or together.

In addition, burials at Burr Oak have resumed on a private basis until the Cemetery is re-opened, at which time burials will be open to the public.