It NOW appears (Ur reply 2 DS) you do NOT know if GATA p/work filed w/ Delaware is a "for profit" or a "not for profit" structure. Is this correct?
To: Darleen Shurgot (4548 )
From: Bill Murphy
Friday, Mar 19 1999 6:01AM ET
Reply #4559 of 4586
DS,
We have an attorney reviewing the charity or tax status of GATA. That is why it is not up there. Love to see your name up there on the Honor Board
Bill
Come one, Bill. Time for straight answers. $28,600 in donations is a lot of money to be "cute" with your answers. I suppose me asking you specifically for answers puts me back on your shitlist, right?
Here are the questions again in case you can't find them:
1) Since GATA is a For Profit Corporation,
there are you and 2 others as officers. Is this correct?
Answered 3/18/99: GATA is a "Not-For-Profit" organization.
Answered 3/19/99: In reply to Darleen (see above) this appears to not be the correct answer, so this is still unanswered by a yes or a no.
2) What is the retainer fee being requested by the law firm you, as GATA are pretty set
upon using?
3) Since you are exploring an anti-trust action --and have noted many times on this
thread how much cash settlement M&B won on their most visible previous action-- is or
is not this case being taken on a
contingency fee/split agreement?
4) If yes it is a contingency fee case, then why is there a retainer
fee requested in advance?
5) Assuming success in your actions, what is the current GATA plan for
splitting of their portion of the judgement award?
6) Since this is a private, for profit corporation, how do contributors secure timely,
audited financial statements?
Partial Answer/extrapolation: this is now declared to be a "Not for Profit" as of
3/18/99. ººº
As such, there are legit avenues, governed by the state of Delaware, and the
particular IRS organizational code, for GATA contributors or any interested
party who wishes a look into the books on a timely manner a means to do so.
ººº Readers: Please refer to retraction/modification under point one. Delaware filing structure is back in the non-disclosed category, and remains to be answered.
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