<div dir="ltr"><p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Under GAAP accrual accounting we
had a small loss of $907. Our cash position has improved from December $329,809
to $375,177.</p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Our budget report shows an
accumulated surplus essentially flat at $274,031.</p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">We had one Supporter member who we
thought was cancelling, but that turned out to be a mistake in communications.
However, that same member is a participant in our interop/logo program and their
participation plan is unclear. We’ll be tracking this potential development
carefully.</p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">We have a new Supporter member in
the process of joining. Possibly more on this soon.</p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Comments/question/requests are more
than welcome, whether to the group or to me individually. Also, I'll send the
actual reports to anyone who wants to see them</p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>

<p class="MsoNormal" style="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">thanks, Jim, acting Treasurer</p></div>