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Old July 25th 07, 10:02 AM posted to rec.games.chess.politics,rec.games.chess.misc,misc.legal,alt.accounting,alt.chess
samsloan
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Posts: 8,798
Default Election Over but Financial Results Still Not Public

Do you realize that now that the date to count the votes has arrived
and the election is over except for the counting of votes, there still
has been no release of financial information, none whatever, expect
for my reporting the unaudited figure of a loss of $57,915, and no
details beyond that?

Had it not been for my reporting of that figure, which I was able to
do because I am on the board and therefore have access to information
that you lowly peons are unable to get, this entire election campaign
would have been conducted with zero financial information.

And the reason for the zero financial information is that the
corporate insiders decided not to release it because they did not want
you members to know the facts.

For this Joel Channing and Bill Goichberg must be blamed although I
realize that it was apparently Grant Perks and Joe Nanna who made the
actual decision not to release the financial figures, nevertheless,
Joel Channing and Bill Goichberg could have ordered them to post the
financial results.

Please understand that the unaudited financial statements were
complete on June 17, more than one month ago. They show a deficit of
$57,915. The audited figures are probably ready now too. It is
difficult to believe that the auditors have not completed their work
at this late date. Yet, the powers that be, Channing and Goichberg,
are not allowing the members to know the bad, or possibly even the
good, news.

Sam Sloan

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