[QUOTE=stripes;4721669]
Laura - show us where the BOD of the MD based program voted Peggy off and dissolved the Non Profit. Show us the minutes. Fact is that you started a whole new & separate enitity in Fl. and took the stallion list with you. There was NO BOD even in place to have a vote to vote anyone off. Isn’t that how most of this started? Peggy wanted a 5 member BOD and you didn’t - I believe you said too many people will not agree. From your actions, I’m guessing you didn’t want anyone to disagree with you. As it stands now, your new program has a BOD which 2 of the 3 stand to profit from this program which is a HUGE COI and one that stallion owners should know about. By choosing classes that you know you will showing in is ethically wrong. Your new program will never be legal until you deal with the original and only valid Payback program in MD. Stallion owners needed to be contacted before you did anything! Now their stallions are not only listed with the MD payback where the have legal contracts, but also listed with your Fl. without any contract. You need to stop hiding behind this ridiculous idea of a BOD and step up and start providing proof of your accusations and answering the questions of the people who have a vested interest in Payback.[/QUOTE]
Odd how just because Peggy says something, you take it as fact. How about asking Peggy to show where the BOD authorized her new website? How about asking Peggy for the minutes that authorized her to remove $18,700 from the organizations bank account and put in her private account? How about asking Peggy for the minutes where the BOD suthorized her to open bank accounts in only her name? But wait, how can there be any minutes if the BOD doesn’t exist? How can you say you want to see minutes when in the next breath you say there is no BOD? Seems your sword is double edged.
Here are the facts: The board of directors voted Peggy off the BOD on 1 Feb and notified her in writing of this decision. She had known since December that we were considering this due to her recent decisions and she knew the vote was in Feb. No big surprise.
I have no idea why you think there was no BOD. There absolutely was and is a BOD. If you look at our Charter in MD, it says in the seventh article that there are THREE directors. Just before this, Peggy distributed a Press Release that lists Patience as a co-director. If Patience wasn’t a director, why would Peggy tell the world two years ago that she was? Its just too convenient now, when we vote her off, that she tries to claim there was no BOD. Further, if you read our weekly email blasts, the first paragraph was signed by me as a “director”. Why would Peggy say there is no BOD, when every week she would send out a newsletter with me as a director?
So, how did we decide on a BOD of three? Peggy and I discussed it and WE decided it would be the best, as WE wanted to simplify our organization. Peggy only brought up possibly adding more directors AFTER she learned that she may be voted off. It was her attempt to save her neck. It had nothing to do with the health of the organization. Adding more directors was not the issue. The issue was Peggy.
How can you possibly say there is a COI? We have a very nice cross section of classes that are selected by the BOD, including Peggy when she was on the board. Saying there is a COI is like saying all the Sweepstakes commissioners have a COI because they show in Sweepstakes classes. And for your information, Peggy also stands to win prize money, as the get of her stallion are eligible to win prize money, making her stallion eligible to win cash awards, as well as increases the value of her stallion’s get and brings in breedings to her stallion. If I wanted to design this program to benefit me, I would have had all the payout in amateur classes, but you will notice every class pays the open divisions, not amateur. Have you looked at the class list? I don’t show in driving or dressage, or jumpers, or the In-Hand classes. This list was designed to encourage the MAXIMUM participation, and the huge majority of classes I don’t even show in, and Patience only shows in one of them, GP dressage!
Where in heavens name do you think we dissolved our incorporation in MD? That is simply not true in any sense. The only reason we registered in FL was to protect our organization until we could secure a replacement resident agent for our MD registration. Peggy is using this as a “weapon” to fool everyone into thinking we are now a new organization. Not even close to reality. We have since found a new MD resident agent, a law firm in MD. There is absolutely nothing “illegal” in what we did to protect Payback.
