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Old March 20th 07, 02:25 PM posted to rec.games.chess.politics,rec.games.chess.misc,alt.chess,misc.legal,alt.accounting
samsloan
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Posts: 8,053
Default Great News about USCF Finances

[quote="Grant Perks"]
Quote:
Originally Posted by samsloan
Since Grant Perks claims to be
a CPA (I have not been able to obtain verification of this fact) it
would be kind of nice if he would tell us what happened to the two
million dollars that went missing while Grant Perks was occupying
various financial positions, including Chief Financial Officer of the
USCF, Executive Director of the USCF and House Accountant of the USCF.

Incidentally, Frank Niro often represented himself as being a CPA, but
we now know that this was not true.

Sam Sloan
Sloan, I am sure the readers of this forum
are getting tired of constantly hearing your repeated lies. During my
watch, fiscal year 2004 and fiscal year 2006 the USCF actually made
money. On the other hand, according to you the USCF has lost money
during your watch, the current fiscal year.
[/
quote]
First, I must tell you the GREAT NEWS.

The news is that the USCF had a SURPLUS for February.

The surplus (or profit) was $73, 459.

I could not tell the USCF Forums about this earlier, because I was
suspended from posting to the USCF Forums when this news came out.
(Naturally, being a Big-Shot Board Member I get the news much earlier
than you peons. (The Fake Sam Sloan will have a great time with that
one.)).

The reason this news is so good is that now were are ONLY losing
$168,223 for the year.

I realize that it seems strange that the fact that we are only losing
$168,223 would be good news.

If things keep up we might even be able to achieve Bill Goichberg's
goal of losing only $50,000 for the entire year!!!!

As to your question about the USCF losing big bucks on my watch, in
the first place, I only took office on August 13, 2006. The fiscal
year started on June 1, 2006. I have in my seven months in office
stopped many plans to give more money to friends-of-the-board. They
did not even dare to have another Winter Retreat in Florida at USCF
Expense with me on the board.

So, the $241,682 the board lost prior to February, 2007 was their
fault, whereas the $73,459 profit in February was, needless to say,
entirely because of me.

Sam Sloan

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