Hi,
Jim is out of town on Monday and I don’t think we’ve heard anything new from John about cashing him out. So, I propose we skip the August meeting and convene again on September 18. If all are OK with that, I would still like to collect funds, so send your check to me at: 1373 Spencer Rd W, St Paul, MN 55108. Otherwise, if you want to meet, we can do so.
Betsy
The attached has been updated with stock prices as 5/31/17, and has also beeb tweaked by Jim. We’ll review again at tonights meeting.
John - Any reaction, comments, thoughts?
Betsy
Betsy loaded the 5/31/17 values into the spreadsheet.
Proposed equity disbursement is within $100 of the target. Cash adjusted by
same.
Note: Any fees incurred in the transfer should also be accounted for. Per
the bylaws, the exiting partner pays all fees.
The club would like to address this at tonight's meeting if possible.
C,
J
--
James Ellingson cell 651 645 0753
<(651)%20645-0753>
Great Lakes Brewing News, 5219 Elliot Ave, Mpls, MN 55417
James(a)BrewingNews.com BeerGovernor(a)gmail.com
JIG meets Monday at my house. I'm hoping to update Jim's spreadsheet w/current stock prices today or tomorrow and to get it sent out prior to Monday's meeting.
Betsy
Sent from my iPhone
John et al,
Here's a first draft proposal for the transfer of equities from JIG to
John.
Meant as a starting point. We focused on trimming rows from the portfolio
- transferring 100% of some of JIGs small positions rather than the roughly
15% of all holdings.
1. Valuations are old.
2. Over shoots our target on equities
3. Undershoots gains and losses.
4. Cash is based on June numbers.
Cheers,
J
--
James Ellingson cell 651 645 0753
Great Lakes Brewing News, 5219 Elliot Ave, Mpls, MN 55417
James(a)BrewingNews.com BeerGovernor(a)gmail.com
