We are facing a very serious threat from the Polgar Gang. They are
obviously looking at the $3.2 million in annual revenues the USCF
receives.

The first thing they will probably do when they get elected is grab
the last $420,000 cash that remains in the LMA account. That is the
only real cash the USCF has left.

Please note I am not accusing them of planning anything illegal. All
they have to do is do what several previous boards did, which is
squander the money. That is why the USCF lost $2 million from 1999 to
2005 and why the USCF is losing $241,262 so far this year. Nobody is
accusing those previous boards of illegality, just of incompetence.

I question whether is is wise to turn over all this money to the
incoming Polgar Board.

Sam Sloan