<div dir="ltr">I'm sorry this is so late, the financial statements didn't come to me until today:<div><br></div><div><p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">The big development this month was the payment of $60,000 to
UNH-IOL for “accumulated expenses” to the point of our contract cancellation.
The consequences are obvious in our financial statements.</p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">We went from a net income of $46,950 in March to a loss of
-$79,115, for a YTD result of<br>
-$32,183. </p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Our cash position has declined from $465,393 to $417,770.</p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Our accumulated surplus declined from $285,727 to $206,612.</p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Comments/questions are more than welcome, whether to me or
the group. I’ll send the actual report to anyone who wants to see it.</p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif"> </p>
<p class="MsoNormal" style="margin:0in 0in 0.0001pt;font-size:12pt;font-family:Calibri,sans-serif">Thanks, Jim Acting Treasurer</p></div></div>