<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 increased about 10% to $218,717. Accumulated surplus decreased again to
$112,425.</span></p>

<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif"> </p>

<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">Net
income was a loss of $7,078, slightly less than last month. This was helped by
a reduction in ED charges from 137% of budget to 72%, reflecting primarily a
significant reduction in time required for Workshop planning. This was slightly
hindered by our first Director and Officer (D&O) insurance payment. Legal
expenses continue to be a factor and they are not over yet.</p>

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<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">Comments/questions
are more than welcome. I’ll send the actual financial reports to anyone who
wants to see them.</p>

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<p class="MsoNormal" style="margin:0in;font-size:12pt;font-family:Calibri,sans-serif">Thanks,
Jim, Treasurer</p></div>