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Author Topic: wally bucks  (Read 295 times)

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firedog

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wally bucks
« on: January 20, 2010, 05:54:43 PM »
 WBCCI has 1 million bucks in the bank.I guess it will be a long time before they run dry. ;D
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Mud Dog

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Re: wally bucks
« Reply #1 on: January 20, 2010, 06:39:43 PM »
2 or 3 years, anyway.
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Pahaska

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Re: wally bucks
« Reply #2 on: January 20, 2010, 07:40:33 PM »
It has been pointed out that if the funds go under 1/2 million, things start to fold up real fast.  It takes a lot of float to keep the WBCCI ship running and cash in float brings in no interest.

It was pointed out in the seminar that some of that cash is in other pockets such as the life member funds.  It was pointed out that life memberships are a liability, not an asset.
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Bob280

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Re: wally bucks
« Reply #3 on: January 21, 2010, 04:28:50 PM »
Told them that several years ago and it has taken this long to soak in..And they can not get rid of them until the club is no more. Another cartel blunder! >:(
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firedog

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Re: wally bucks
« Reply #4 on: January 23, 2010, 10:29:33 AM »
Bob it seems like the Cartel is strong,the IBT meeting seems to be already hashed out.Our Region 1 President is basking in the lime light,the old guard rules.Its time to call a doctor,very sloppy accounting. As a non profit,the  wbcci can make money, hospitals do it, churches do it.what wrong with these people? Its Time to hire a real financial CFO guru, to run this club the way the membership deserves. ::)
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