2004-04-12_GENERAL DOCUMENTS - M1997054

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I~.f,q'1rf~~' Iti1U n ~~ ~ A sso cta~S PG ~ ~ / ~~ ll'~^'`~ M i I l?N IC~PCtfn~ PC April 7, 2004 TO: All Creditors of Colorado Materials Holding Corp. '~ and Agile Stone Systems, Inc. Dear Creditor: RECEIVED APR 1 2 2004 v Division of Minerals & Geology Colorado Materials Holding Corp. ("COMAT") and Agile Stone Systems, Inc. ("Agile") (both collectively referred to as "Debtors") are currently operating asDebtors-in-Possession under Chapter 1 l of the Bankruptcy Code. These Chapter 11 cases aze sepazate cases for each entity. COMAT, Agile and CIG, LLC have filed an Amended Joint Plan of Reorganization dated January 27, 2004 ("Plan") and Amended Disclosure Statement to Accompany the Plan. On Apri15, 2004, the Bankruptcy Court approved the Amended Disclosure Statement as containing adequate information to enable creditors to make an informed vote on the Plan. Enclosed with this letter is a copy of the Plan, Amended Disclosure Statement, a Ballot for voting in each case and an envelope to be used for returning your Ballot. Also enclosed is a copy of the Court's Order Approving the Adequacy of the Debtors' Disclosure Statement and setting certain dates in connection with confirmation of the Plan. The Plan and Amended Disclosure Statement are complex documents which contain substantial information concerning the Debtors' assets, liabilities, and a detailed explanation of the Plan. A description of CIG, LLC is also contained in the Amended Disclosure Statement. The Debtors are soliciting your vote to accept the Plan in each case and request that you complete the enclosed Ballots accepting the Plan and return them by May 7, 2004. Each creditor may fife a Ballot in the case in which their claim exists. Certain creditors may hold a claim in each of the two Debtors' cases. In such an event, each such creditor may vote in both cases. If you hold a claim in only one case, you should vote the appropriate Ballot for your particular case. The COMAT Ballots are white and the Agile Ballots are yellow. Please complete the appropriate Ballot or Ballots and return them to the undersigned counsel at Kutner Miller Kearns, P.C. using the enclosed envelope. The hearing for confirmation of the Plan is scheduled for MAY 12, 2004 AT 1:30 p.m. Creditors interested in voting should review the Amended Disclosure Statement in detail. The proposed Plan represents a proposal for resolution of the Agile and COMAT bankruptcy cases quickly through a sale by COMAT of its subsidiary companies including Agile to CIG, LLC and a resolution of outstanding lawsuits and litigation involving Republic Financial Corp. and LINC Property N, LLC. Both Republic Financial Corp. and LINC Property IV, LLC support the proposed Plan. A copy of a letter evidencing their support is enclosed with this letter.