June 6, 2012 KELLERHALS FERGUSON FLETCHER KROBLIN LLP 9100 HAVENSIGHT PORT OF SALE S TE 15 - 16 ST. THOMAS. VI 00602 VIA EMAIL ND CERTIFIED MAIL Ms. Cheryl Boynes-Jackson Boyson, Inc. P.O. Box 165 Cruz Bay St. John, USVI 00831 Re: L.S.J., LLC v. Boyson, Inc. Dear Ms. Boynes-Jackson: We represent L.S.J., LLC ("LSJ") and write you concerning a dispute between LSJ and Boyson, Inc. ("Boyson"). The dispute relates to a certain contract for services entered into between LSJ and Boyson, as described in correspondence from Mr. Darren Indyke dated March 5, 2012, a copy of which is attached for your reference. LSJ has been attempting to resolve this matter with Boyson informally and amicably, and Mr. Indyke's March 5, 2012 letter was LSJ's response to Boyson's refusal to honor its agreement with LSJ to charter the General at the $175 per hour Auto Trans-It rate. Boyson's breach of its agreement places LSJ in a particularly difficult position. On the one hand, Boyson has advised that it cannot repay the $43,194 balance remaining on the $70,619.20 LSJ advanced to it approximately five (5) years ago. On the other hand, Boyson refuses to honor its agreement to charter the General to LSJ at the $175 Auto Trans-lt Rate, even though Boyson has never been able to make the Auto Trans-It available to LSJ throughout that entire 5-year period, and by insisting that LSJ charter the General, a much larger vessel for which LSJ has no use, at a rate which is almost double the Auto Trans-It rate, Boyson would effectively reduce LSJ's $43,000 credit balance by almost half. Given that Boyson has had the use of these funds for five (5) years without paying even one penny of interest, Boyson's refusal to honor its agreement is neither fair nor appropriate. We have prepared the attached Complaint against Boyson for filing in the Virgin Islands Superior Court, but our client has instructed us to make every effort to resolve this matter amicably before filing the Comp