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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (4546)	3/18/1999 10:23:00 PM
From: Ahda	Read Replies (1) \| Respond to of 81986

Bill i think you should have someone look at your structure nonprofit is one thing but is not charitable, I looked at your site it is not defined.

To: Bill Murphy who wrote (4546)	3/19/1999 12:30:00 AM
From: IngotWeTrust	Respond to of 81986

Hi, Bill. Hope you are getting some sleep. The questions w/out answers will be there tomorrow and the tomorrow after until they are answered. The questions will always be there. They will be answered. You know it, I know it, and my confidential enquirers know it. You cannot believe HOW INTENSELY you and GATA are going to be scrutinized. Especially if you are going to be awarded any monies. Some of my contacts have had the misfortune of their tax-deductible donations be disavowed when the NFP organization lost their tax free status through IRS disallowed activities. They do not wish to go through that experience again, and pay the subsequent accounting fees to re-do those past tax returns and ante up the tax owing plus penalties. Can't say as I blame them. Neither will you, I'm sure, when you awaken and tackle the unanswered questions anew and afresh. I will write my 6 people and tell them you said publically tonight that it is a NOT for Profit as you state now. They definitely did not understand that from your earlier posts on your le cafe site or here on SI posts that were forwarded to them as the result of their private inquiries. You used the term "incorporated" on the day you breathlessly announced you had filed paperwork with the state of Delaware. And you used the terminology "corporate checking account" several times, especially when you wrote up the story about being refused a "corporate" account with one of your anticipated targets. These are the sources of my contacts beliefs that you are a for profit instead of a non-profit. While 3 Australians may give you money without out the answers to the remaining 5 good questions, my contacts will not. It is your perogative to postpone answering. Start by stating publically whether GATA's anticipated lawsuit is or is NOT going to be a contingency fee case? IF NOT, what is the initial retainer amount you are trying to raise? As far as the hours of sleep you are losing... shade of the old days in the copper game, ay? All of us commodity players/principals and brokers alike have "BEEN THERE, DONE THAT!(grin)" Sincerely, O/49r Here are the questions again for your convenience in referencing: 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. 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. 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. We're making progress...