POA President

 

LETTER FROM THE PRESIDENT

Pat Laird

I want to start this column by wishing everyone a very Merry Christmas.  May it be peaceful and filled with friends and loved ones.
The board is happy to announce that the golf courses are very likely going to make a profit this year.  This is a tremendous turnaround from five years ago when we were losing almost $500,000 per year.
The club has been making tremendous strides toward becoming much less of a loss, a prime example of the HMS team doing a great job.  I would like to call your attention to the retained earnings and stockholders’ equity shown on the financial statement.  I believe we are in an excellent financial position.
The first open POA board meeting went very well.  I want to thank everyone who attended.  We will continue holding open meetings.
Once again I wish everyone a very Merry Christmas and a happy and healthy new year.