I stand by my words that SOB is the synonym of BOD. Of course, it is not a universal synonym of BOD; but, it is definitely the synonym of CCHOA?’s BOD. I didn?’t get this answer from the thesaurus, but from the analysis of the financial documents and from the Directors?’ own actions and behavior.

Next week I will release a report about Alien, Inc. If you want to find out how creative these Directors are and how they profit dearly from YOU and Me, you must read this report. I was supposed to release the report this week. Because of the holiday and everyone?’s mind is on having fun, I decided to postpone to next week.

Giles & Shea, Inc.


Grossly Overpaid Bookkeeping Services to Giles & Shea, Inc.

Circle C homeowners have paid for bookkeeping services for the last four years as follows:

2002 - $58,779
2001 - $51,423
2000 - $45,443
1999 - $25,336

According to the Federal Wage Survey of 2000, the average annual income of a full-time bookkeeper was $27,480. CCHOA paid two full-time bookkeepers to do part-time bookkeeping services. Giles & Shea, Inc. has been paid more than a full-time accountant. If you want to see the actual Federal Wage Survey, please visit my Web site at http://www.BeatGreedyBoard.com,Item #9.

Next week I will release a report about Alien, Inc. If you want to find out how creative these Directors are and how they profit dearly from YOU and Me, you must read this report. Because of this bookkeeping services has a lot to do with the report of Alien, Inc.; I, therefore, want to refresh your mind.

To Sal


Sal,

I didn't investigate about the phone bills. I remember you said that CCHOA has also been paying a fax number for Giles & Shea, Inc. Could you let all of us know how much we have been paid for this kind of expenses for this comopany - Giles & Shea, Inc.?

Giles & Shea, Inc. is not CCHOA's employee; it is a company that provides bookkeeping services to us. I can't see why should we pay its fax number services.

When I go to visit my doctor, I would only pay him a visit fee. I don't pay doctor's phone or/and fax number services.

Lisa