The Income & Expense/Equity Statement ending 12/31/05 on pg.13 of the latest Club Quarterly Mag. Winter 2006 reads Video Sales(2005 Convention) $222 and Video Production(2005 Convention) $8,662. Using my 2nd grade math that is a loss of $8,440. The same statement in the previous year reads Video Sales(2004 Convention) $2,050 and Video Production (2004 Convention) $6,113. Using my same 2nd grade math that is a loss of $4,063. For the 2 years 2004 and 2005 that is a total loss of $13,503. Maybe the BOD should be rethinking Video Producing the conventions because at this rate of loss the membership fees will be going from $30 to $40 in the next couple of years just to cover the losses.
Has anybody else on this board perused this Inc.&Exp.Statement? Am I missing something here or what? Can somebody on the BOD explain the logic of all this. Maybe I AM missing something here afterall.