On March 13, 2024, Parks! America Inc announced that it has issued a shareholder letter providing an update on the strategic direction of the Company for 2024 and on current developments 1) Investment in Park Assets and Amenities, 2) Operational Efficiencies, 3) Enhanced marketing and Brand awareness, 4) customer satisfaction, 5) shareholder communications. In addition, the Company stated that Focused Compounding Fund LP has not presented a cogent strategic plan on how they intend to operate this company more effectively and profitably, and the Company mentioned that independent proxy advisory firms Institutional Shareholder Services and Glass Lewis & Co each recommended the shareholders to vote against all the Focused Compounding Fund proposals at the annual meeting of shareholders scheduled to be held on June 6, 2024.