<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;font-size:12pt;font-family:Calibri,sans-serif"><span style="font-size:12pt">Cash position continued to decrease
slowly to $228,090. Accumulated surplus increased again to $231,956.</span></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;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;font-size:12pt;font-family:Calibri,sans-serif">Net income was a loss of $9,675, the biggest single-month loss
of the year. This is a direct result of reversing $12,500 in sponsorship income
that was booked earlier in the year. Net income YTD is a loss of $58,980
against a full-year plan of a loss of $49,192.</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;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;font-size:12pt;font-family:Calibri,sans-serif">We are continuing to see
over-budget expenses for the Executive Director, but this is now down to being
only 5%</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;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;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="background-image:initial;background-position:initial;background-size:initial;background-repeat:initial;background-origin:initial;background-clip:initial;margin:0in;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;font-size:12pt;font-family:Calibri,sans-serif">Thanks, Jim, Treasurer</p></div>