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| Tags: red, still, uscf |
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From: Joe Nanna ]
Sent: Wednesday, December 20, 2006 12:38 PM To: Bill Hall Cc: Peggy Stephens Subject: Internal Financial Data thru November, 2006 Here is the financial information I put together thru November, 2006. I haven't had the opportunity to verify the activity in each account but I don't anticipate any changes. If I find something, we will make the correction in December. ************************************************** ******************************** THE BOTTOM LINE Cash Flows From Operating Activities: November 2006 (67,615) |
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#2
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Randy Bauer wrote:
Typically, December and January are pretty strong months, given Holiday sales, Thanksgiving tournaments and some other big events, etc. There has been a pretty lively discussion among several members heavily involved in observing the USCF finances of late, including Joel Channing, Mike Nolan, Grant Perks, Dr. Leroy Dubeck, Mike Carr, Tim Redman, Donna Alarie, and me -- as well as Executive Director Bill Hall and our new CFO, Joe Nanna. Mr. Nanna is working to standardize and better automate reports, and I'm hopeful that within the next few months we will be much better able to generate timely and accurate financial information. In the meantime, we had a strong 2nd quarter on the membership front (some of which was no doubt due to the dues sale), so I'm cautiously optimistic that the budget for the year will turn out ok. Randy Bauer USCF Finance Committee Chair Famous last words. How about making a bet? If you are wrong, you drop out of the election race, and if you are right, I drop out. Fair deal? Sam Sloan |
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#5
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samsloan wrote: Randy Bauer wrote: Typically, December and January are pretty strong months, given Holiday sales, Thanksgiving tournaments and some other big events, etc. There has been a pretty lively discussion among several members heavily involved in observing the USCF finances of late, including Joel Channing, Mike Nolan, Grant Perks, Dr. Leroy Dubeck, Mike Carr, Tim Redman, Donna Alarie, and me -- as well as Executive Director Bill Hall and our new CFO, Joe Nanna. Mr. Nanna is working to standardize and better automate reports, and I'm hopeful that within the next few months we will be much better able to generate timely and accurate financial information. In the meantime, we had a strong 2nd quarter on the membership front (some of which was no doubt due to the dues sale), so I'm cautiously optimistic that the budget for the year will turn out ok. Randy Bauer USCF Finance Committee Chair Famous last words. How about making a bet? If you are wrong, you drop out of the election race, and if you are right, I drop out. Fair deal? Sam Sloan Hardly a fair deal, since I've run well ahead of you in both of the elections we have both contested. Besides, you don't even establish a benchmark -- what would be the demarcation point? You've already posted so much nonsense about USCF finances (such as that virtually all the financial records for the last 7 years have been destroyed) that I see no reason to debate them with you. Randy Bauer |
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#6
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samsloan wrote: Famous last words. How about making a bet? If you are wrong, you drop out of the election race, and if you are right, I drop out. Fair deal? Well... okay, I guess. If you think you can beat me with that bizarre Damiano suicide thing of yours, I pledge not to run for USCF office, ever. But if I win, I don't want you to drop out. Oh no! What I want is half the revenues from your Web sites -- ka-ching! After a couple of years, I can just buy the USCF outright, and once I institute my new Perpetual ratings-Inflation Super-System [****], membership numbers will likely double. After that, it's nothing but black ink all the way. Oh, wait -- were you by chance talking to Randy Bauer? He's kind of busy right now. The regular Santa Claus fell ill and they needed somebody to stand in, and since he already was "in the red".... -- help bot |
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