that 67% of the people support abandoning the current Esto House

That 67% grasp the financial reality of the situation and rather than risk losing our biggest asset in exchange for pittance, would prefer to ensure that we have sustainable home for the next two generations.

I shave. I know what a razor is. I know what razor thin is. No matter how you slice it, the outcome was not razor thin. So move on.

I was wondering what these numbers were. Thank you Jaak!

Re-do your math!

Reported at the beginning of the meeting
2259 A Series
4809 C series
Is total number of shares outstanding

At the same time they don't have their centers in Toronto any longer. And Lithuanians are about to sell their house. And Latvians are struggling. Maybe we should all move to Thunder Bay ;-)

A quick Google search brought up an article how the Finns were about to sell their house in Thunder Bay as they were also struggling with a very high debt. Somehow they got the money to get out of it. An inheritance? Just as Seedrioru a few years ago? My take is that with the world becoming more globalized it's not as important as in the past to have special homes away from home. Internet brings Estonia to our own small "castles", airtravel is easy... That's why the younger generation is more likely to support moving on and changing the concept of having something we can call our own. And it's a good thing ;-) It's their future. We would have done the same.

Nonsense. You are saying there are no concrete plans to get $18M - guess what - there are no more concrete plans or obligations to spend that $18M either. If raha otsas, they will just reconstruct the building 11 Madison and that's it.

Really, nonsense???

Have a look at what happened when the Greek Community hit 'raha otsas' when they were trying to build their much simpler community centre on cheaper land at Warden and Ellesmere. The Globe and Mail wrote a good article on how the project failed and the partially built structure was passed on to the Jain community.

http://www.theglobeandmail.com...

Raha otsas does happen, and it is not pretty.

I am more concerned about the EH right now. If the building is in such dire straights as Rivo and Consultants have stated...then should we not be worried about the safety of our children. If the boiler is "ready to explode anytime"...you would think that these 4 Org's would be thinking "liability".

"voter" - are you refuting Linda Veltman's claims of the ceiling falling down or the story about working by candle-light? Have you toured the "old lady" from stem to stern or poked your fingers into the beams?

The community is made up of people from different walks of life and different age strata. The belief that the house is fine and only needs to be patched up is the view typically held by people who are very frugal or more senior. A younger set would like to fashion an Estonian centre in line with their own vision and would like a structure of a more current time.

The unfortunate reality is that both options a) to build at Madison and b) to either patch or build anew at Broadview are exclusionary. The Madison option tends to exclude the older set who have issues with coming downtown into the bustling downtown core and may need parking for health reasons, while the Broadview option to keep the House as is does not offer the younger set an option to make the house their own, it is a house in decay.

Unfortunately a third option to tear down most of the Broadview building and build anew WHICH SHOULD SATISFY BOTH CAMPS is being ignored by the Madison camp (possibly they see it as more complicated?); furthermore the Broadview camp is not coming up with a leader or the cash to pull off a partial tear-down in stages.

I would get behind a rebuild of the present building in stages with added floors to the Broadview location, but it looks like I will have to accept the Madison option because a Broadview rebuild is 1) leaderless; 2) lacks a concrete plan for the final structure 3) lacks a capital campaign strategy to fire up the community to support such an option.

Pr. Kiilaspea,

Thanks, but what I'd like to to know about is, how many shares did NOT register to vote?

Jaak Järve -
You EXCLUDED what IS available in an even a shorter walking distance!

The Pizza Pizza on Bloor is BEFORE Spadina (if still there) is EVEN closer. Cross over Spadina & there is the Tim Horton's, Swiss Chalet and of course 7-11.

This doesn't even include what's in the Miles Nadal JCC but I do recall seeing an ice parlor in it at one time. If you go the other way, isn't there a NY Fries in the Holiday Inn?

FYI - this how one reports an (inclusive) due diligence report. (nudge nudge wink wink)