AFFIDAVIT OF JANIS PATTERSON
STATE OF UTAH
ss.
COUNTY OF SALT LAKE
JANIS PATTERSON, being first put on her oath, deposes and says as follows:
1.
I am the president and owner of Interstate Transfer Company (“Interstate”), the stock transfer agent for U.S. Rare Earths, Inc., a Nevada corporation (hereinafter “Company”), formerly Colorado Rare Earths, Inc., formerly Calypso Media Services Group, Inc. As such, I have custody, control and access to all of the Company’s stock transfer books and records. I have personal and direct knowledge of that set forth herein and if called to testify, I am competent to testify directly about such matters.
2.
Interstate’s records show that the Bylaws of the Company are a set of “Revised By-Laws of Calypso Media Services Group, Inc.,” dated September 10, 2010 and signed by Phyllis Park as the Secretary of the Company.
3.
As of the date of this Declaration and according to our books and records, there are a total of20,912,662common capital shares of the Company issued and outstanding. There are no preferred shares issued or outstanding.
4.
Interstate’s records show that the following persons are registered owners of the Company’s common capital shares as follows:
Registered Owner
Certificate No.
Number of Shares
H. Deworth Williams
143
2,250,000
253
1,900,000
Geoff Williams
133
500,000
254
1,000,000
1
Edward F. Cowle
142
2,250,000
252
2,000,000
Blue Cap. Dev. Corp.
279
200,000
David Williams
34
400
129
250,000
Laser Technology, Inc
278
300,000
Children’s Internat’l Obesity
276
551,000
277
555,000
C.T. Stanger
255
100,000
Harvey Kaye
134
250,000
TOTAL
12,106,400
5.
According to my calculations, the foregoing persons together own and hold, in their names, 57.89% of the total number of issued and outstanding common capital shares of the Company.
FURTHER SAYETH AFFIANT NAUGHT.
DATED this 23 day of August, 2012.
/s/ Janis Patterson____________
Janis Patterson
Subscribed and sworn to me this 23 day of August, 2012.
/s/ Thomas Rasmuson_________
Notary Public
Residing at Salt Lake City, UT
Notary #: 656459
Expiration: May 30, 2016
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