Tuesday, 23 October 2001

Dear Everyone,

Just updating you on the current financial situation on the Gold Coast, relating to the local video events.

For the last ten months we have been experiencing difficulty in meeting the basic costs of having video events on the Gold Coast; e.g. venue hire costs, Propagation Fund. This has been due to the low contributions at the door. Up until July we were scraping by with the occasional fundraising activity.

However, we are now in a difficult situation financially, where we cannot cover even our basic costs, if we want to continue with the quality and quantity of the video events as they are at present.

So …what is needed is the following:
* A major injection of funds,
If you are able to assist with this, please pass on your contribution to the person at the contributions table, next time you go to a video event, and
* Continued strong weekly support at the door.

If you prefer to place a deposit directly into the account, its details are: Suncorp Metway, Branch Number: 484799 and the account Number is 019402375. If you would like to talk to someone about the financial situation, feel free to phone J. on (07) 5539 5366 or email her at: j***@hotmail.com.

We hope you understand that its not all `doom and gloom`- but just a necessity to provide ongoing video events that we all enjoy and benefit from.

Thanking you in anticipation,

The Gold Coast Team.