[amsat-bb] How AMSAT Spends it money (was: Journal medium)

[Barry - VA3BJD <va3bjd@xxxxxx>]

On Jan 23, 2004, at 5:27 AM, Luc Leblanc (VE2DWE) wrote:

> If we can cut something in the range of 80000$ int the above losses 
> Echo is up and Eagle can be also if we
> accept to make right choices...
>
> 1-AMSAT journal via E-Mail
> 2-No annual AMSAT conference
> 3-Better securities management
>
> There was 274358$ on two years to do something else than paying for:  
> paper, stamps,social club gettogether
> and paying brokerage commissions on urealised results.
>

*My opinion:*

How about the club putting half of the member's yearly dues back into 
satellite production. I find it odd that not one penny of the 
membership dues goes toward building satellites.  Unfortunately the ALL 
of money goes to club expenses. There is no mention of this in the 
AMSAT Promo materials.

I guess it is not a very good sales pitch:

"Join AMSAT..... oh by the way not one penny of your yearly dues goes 
towards building a satellite!"

The opening comments by the Company that does the AMSAT's yearly audit 
say's it all. It can be read online.

AMSAT needs to change the way it does business simple has that.

73
Barry

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