Meeting Minutes

1.21.2007


Attendees: Nicholas Sarwark, Leroy Cain, Derek Pomery, Esther Whieldon, Joel Beaven
20:05 - 21:30 January 21, 2007
Quorum
More than 50% of the members were present, so there was a quorum.

Treasurer's Report
We currently have $8,115.65 in securities and $743.61 in cash.
Since last meeting we received $4.40 in dividends from EXPD, $4.55 from DIA, and $0.12 interest on our credit balance.
Bivio - decided to eliminate the no-frills account (the one we had).
Leroy upgraded us to AccountSync. This will make it easier for him to keep the accounting current.
Member Discussion
Unanimous vote to send Deric Tomenko a note removing him from the club.
Stock Discussion
Fording Canadian Coal Trust (FDG), a open-ended mutual fund. Leroy did not recommend purchasing, but did present his checklist for screening stocks. Investing in commodities, either through ETFs or commodity companies.
Next Meeting
January 21, 2006 at Nick Sarwark's house.

Action Items
Leroy to send Deric Tomenko a note removing him from the club.
Leroy bring the IBD sector list to the next meeting.
Nick to evaluate Southwest Airlines.